{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-001149","form_type":"8-K","ticker":"HSCT","cik":"0001721056","company_name":"HOOPS SCOUTING USA","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.306093+00:00","generated_at":"2026-06-19T07:07:33.479820+00:00","sec_items":["1.01","3.02","5.06","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hoops Scouting USA acquires Grit Performance Athletics app for $100K in stock, exits shell company status","bullets":["Acquired Grit Mobile Application and related assets for $100,000, paid with 500,000 restricted shares.","Grit app has 3,500+ users and 757 premium subscribers; founded by professional coach Doug Plumb.","Company was a shell company prior to transaction; now has an operating business in basketball training.","Plans to franchise app to clubs and recruit NBA/NCAA influencers for revenue-sharing programs.","No financial statements provided; references prior 10-K and 10-Q filings for financial information."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-001149","json":"https://secwatch.observer/filing/0001477932-23-001149.json","markdown":"https://secwatch.observer/filing/0001477932-23-001149.md","text":"https://secwatch.observer/filing/0001477932-23-001149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1721056/000147793223001149/0001477932-23-001149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1721056/000147793223001149/hosu_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T07:07:33.479820+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":"e1c64d8a2a3f72a0e60f120eef3e64b2801fe3e4","claim":"HOOPS SCOUTING USA: Company ceased to be a shell company upon entering into an asset purchase agreement and providing Form 10 information by incorporation by reference (effective 2023-02-17).","evidence_excerpt":"Item 5.06 of Form 8-K states that if the registrant was a shell company before transactions changing the status of a shell company, then the registrant must disclose the information that would be required if the registrant were filing a general form for registration of securities on Form 10.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1721056/000147793223001149/0001477932-23-001149-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2023-02-17"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}