{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-002832","form_type":"8-K","ticker":"VMNT","cik":"0001605057","company_name":"Vemanti Group, Inc.","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.633139+00:00","generated_at":"2026-06-16T18:56:05.158845+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Vemanti Group acquires DevBlock Technologies for 1.35x trailing revenue; four-year earn-out structure","bullets":["Purchase price equals 1.35x trailing twelve-month gross sales revenue of DevBlock, paid in four installments over three years.","Sellers Benjamin Liu and James Sun receive 20M stock options each in Vemanti at $0.20/$1.00; enter employment agreements.","Earn-out payments contingent on EBITDA margin targets (≥2.5% year one); failure for two consecutive quarters triggers loss of independence.","Closing by June 30, 2023; Vemanti appoints majority of DevBlock board; customary conditions apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-002832","json":"https://secwatch.observer/filing/0001477932-23-002832.json","markdown":"https://secwatch.observer/filing/0001477932-23-002832.md","text":"https://secwatch.observer/filing/0001477932-23-002832.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1605057/000147793223002832/0001477932-23-002832-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1605057/000147793223002832/vemanti_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:56:05.158845+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":"197d368d68bbb8e99017ab187c3d4c9c42c8e30a","claim":"Vemanti Group, Inc. entered into Stock Purchase Agreement with Benjamin Liu and James Sun (effective 2023-04-18).","evidence_excerpt":"On April 18, 2023, Vemanti Group, Inc., a Nevada corporation (“Vemanti”), entered into a stock purchase agreement (the “Stock Purchase Agreement”) with Benjamin Liu and James Sun (the “Sellers”), as the sole shareholders of DevBlock Technologies, Inc., a Delaware corporation (the “Corporation”), whereby, on the terms and subject to the conditions stated therein, Vemanti will acquire the Corporation.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1605057/000147793223002832/0001477932-23-002832-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Benjamin Liu and James Sun"},{"label":"Effective","value":"2023-04-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}