secwatch.observer — SEC 8-K summary
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Issuer:     BLUM HOLDINGS, INC. (BLMH)
CIK:        0001996210
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001437749-26-000818
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blum Holdings converts $3.05M debt to equity, issues ~5.8M shares; new $525K secured note
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- Converted $3.05M of unsecured debt & accrued interest into 3,248,547 shares at $0.98/share.
- Issued 2,551,020 shares to Adnant LLC (CEO's affiliate) for performance-based award at $0.98/share.
- New $525K senior secured note consolidates prior notes, 8% interest, matures Dec 31, 2027.
- Warrants to purchase 198,114 shares at $0.53 cancelled.
- Pre-money valuation for conversions set at $20.9M fully diluted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996210/000143774926000818/0001437749-26-000818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996210/000143774926000818/blmh20260107_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-000818

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer