{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-010878","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2026-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.649448+00:00","generated_at":"2026-05-15T07:59:01.986688+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shareholders approve reverse stock split, dilutive share issuances, and 2025 equity plan at cbdMD annual meeting","bullets":["Reverse stock split from 1:2 to 1:10 approved, board to set ratio within one year.","Approved issuance of >20% of outstanding shares upon conversion of Series B and Series C Preferred and under ELOC with C/M Capital.","2025 Equity Compensation Plan approved with 891,316 initial shares plus 2% annual evergreen (max 300,000/year).","CEO Kennedy receives 445,000 restricted shares under the newly approved plan.","All seven director nominees elected; Cherry Bekaert LLP ratified as auditor for FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-010878","json":"https://secwatch.observer/filing/0001437749-26-010878.json","markdown":"https://secwatch.observer/filing/0001437749-26-010878.md","text":"https://secwatch.observer/filing/0001437749-26-010878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000143774926010878/0001437749-26-010878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000143774926010878/ycbd20260330_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:59:01.986688+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"}