{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-001227","form_type":"8-K","ticker":"BMNM","cik":"0001275477","company_name":"BIMINI CAPITAL MANAGEMENT, INC.","filed_at":"2026-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.690838+00:00","generated_at":"2026-05-16T10:19:26.194329+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bimini Capital to buy 80% of TJIM at 2.5x 80% of FY2025 revenue; ~$1.6B AUM","bullets":["Purchase price = 2.5x 80% of TJIM FY2025 revenue; excess over $12M paid in three annual installments at 5% interest.","TJIM has ~$1.6B AUM across equity and fixed income; closing expected end of Q1 2026.","Bimini to retain TJIM staff/management; principal seller signs 3-year employment agreement.","Seller retains 20% interest; put/call options after 3rd anniversary using same price formula, subject to 30% EBITDA margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-001227","json":"https://secwatch.observer/filing/0001437749-26-001227.json","markdown":"https://secwatch.observer/filing/0001437749-26-001227.md","text":"https://secwatch.observer/filing/0001437749-26-001227.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1275477/000143774926001227/0001437749-26-001227-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1275477/000143774926001227/bcmi20260113_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:19:26.194329+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}