{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-023352","form_type":"8-K","ticker":"WINT","cik":"0000946486","company_name":"WINDTREE THERAPEUTICS INC /DE/","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.751955+00:00","generated_at":"2026-05-18T03:02:28.903347+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Windtree secures up to $520M for BNB crypto treasury; 99% of proceeds to buy BNB","bullets":["Entered Common Stock Purchase Agreement for up to $500M equity line; additional $20M agreement with Build and Build Corp.","99% of proceeds from both issuances allocated to acquiring BNB cryptocurrency.","ELOC requires stockholder approval to increase authorized shares before company can draw.","Issued $10M convertible promissory note as commitment consideration; 5% interest, matures April 2026.","Company shifts treasury strategy to focus on BNB, citing potential blockchain value creation."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-023352","json":"https://secwatch.observer/filing/0001437749-25-023352.json","markdown":"https://secwatch.observer/filing/0001437749-25-023352.md","text":"https://secwatch.observer/filing/0001437749-25-023352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/946486/000143774925023352/0001437749-25-023352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/946486/000143774925023352/wint20250723d_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T03:02:28.903347+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0eb6f40708e2b2d15b79e2e22e3c629a571c5866","claim":"WINDTREE THERAPEUTICS INC /DE/ incurred convertible notes of $10,000,000 at 5% per annum maturing April 23, 2026.","evidence_excerpt":"the Company issued a convertible promissory note (the “Commitment Note”) to the Purchaser in the amount of $10,000,000. The Commitment Note matures on April 23, 2026 (the “Maturity Date”) and will bear interest at 5% per annum on a 365-day basis, due and payable on the Maturity Date.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/946486/000143774925023352/0001437749-25-023352-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$10,000,000"},{"label":"Rate","value":"5% per annum"},{"label":"Maturity","value":"April 23, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}