{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-22-004155","form_type":"8-K","ticker":"BTBD","cik":"0001718224","company_name":"BT Brands, Inc.","filed_at":"2022-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.980935+00:00","generated_at":"2026-06-25T04:24:57.207096+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BT Brands acquires 41.4% stake in Bagger Dave's for $1.26M","bullets":["Paid $1,260,000 for 11,095,085 common shares, representing ~41.4% of Bagger Dave's outstanding common stock.","Seller Michael Ansley (president and largest holder) returned all preferred shares for cancellation and resigned as officer/director.","Bagger Dave's operates six casual restaurants in Michigan, Indiana, and Ohio.","Acquisition closed on June 2, 2022 via stock purchase agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-22-004155","json":"https://secwatch.observer/filing/0001477932-22-004155.json","markdown":"https://secwatch.observer/filing/0001477932-22-004155.md","text":"https://secwatch.observer/filing/0001477932-22-004155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718224/000147793222004155/0001477932-22-004155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718224/000147793222004155/btbd_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T04:24:57.207096+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"}