{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-017970","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2026-05-20T21:16:17+00:00","discovered_at":"2026-05-20T21:18:00.243645+00:00","generated_at":"2026-05-20T21:19:42.084503+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"cbdMD extends warehouse lease through 2031, cuts footprint and annual rent by ~$450k","bullets":["Third Amendment to Lease extends term 62 months to Nov 30, 2031 for 40,000 sq ft (down from 80,000).","Monthly base rent starts at $38,000 ($11.40 PSF) with annual increases to $46,233 ($13.87 PSF).","Base rent abated Oct–Nov 2026; additional abatement if wall construction not completed by Dec 31, 2026.","Annual gross rent expense reduction of ~$450,000; net reduction of ~$100,000–$120,000 after sublet rent.","Management states reduced footprint aligns with current and long-term needs and lowers operating expenses."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-017970","json":"https://secwatch.observer/filing/0001437749-26-017970.json","markdown":"https://secwatch.observer/filing/0001437749-26-017970.md","text":"https://secwatch.observer/filing/0001437749-26-017970.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/0001437749-26-017970-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/ycbd20260520_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:19:42.084503+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":"52c3d7fc09eff3c36e0690bb8e2388a8ff80aa88","claim":"cbdMD, Inc. amended Third Amendment to Lease (effective 2026-05-20).","evidence_excerpt":"Effective May 20, 2026, cbdMD, Inc. (the “Company”) entered into a Third Amendment to Lease (the “Amendment”) to extend the Warehouse Lease entered into on August 27, 2019, as amended (the “Lease”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/0001437749-26-017970-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"lease"},{"label":"Effective","value":"2026-05-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}