{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-001313","form_type":"8-K","ticker":"DLTI","cik":"0001420368","company_name":"DLT Resolution Inc.","filed_at":"2024-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.136370+00:00","generated_at":"2026-06-04T13:11:41.891140+00:00","sec_items":["1.01","2.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DLT Resolution acquires Global Motor Trade Group ($50.9M revenue) for shares; appoints Brofman","bullets":["Acquired Global Motor Trade Group (annual gross revenue $50.858M) via share exchange.","Consideration: up to 14% of DLTI shares (6,020,000 shares) plus earn-out shares based on gross profit.","Earn-out: up to 1,111,000 shares if first-year gross profit >= $4.25M; 1,666,000 if second-year >= $5.25M.","Charles Brofman appointed Dir., General Counsel, Sec.; $125K salary for 75% time.","Brofman also managing member of acquired entities; not independent director."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-001313","json":"https://secwatch.observer/filing/0001477932-24-001313.json","markdown":"https://secwatch.observer/filing/0001477932-24-001313.md","text":"https://secwatch.observer/filing/0001477932-24-001313.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/dlti_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T13:11:41.891140+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":"9d7e336ef7","claim":"Charles Brofman was appointed as Director, General Counsel and Secretary at DLT Resolution Inc..","evidence_excerpt":"On March 13, 2024 Charles Brofman was appointed Director, General Counsel and Secretary.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director, General Counsel and Secretary"}],"fact_type":"executive_change"},{"claim_id":"d59a6a32895dd0cd9489fecb5f953d24f7a12033","claim":"DLT Resolution Inc. completed an acquisition involving Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC and their beneficial owners for issuing shares at a current value of .005 USD per share (closed 2024-03-11).","evidence_excerpt":"gross revenue of USD $50,858,000. Consideration for purchase The Purchase Price shall be satisfied in the following manner at Closing by issuing shares at a current value of .005 USD per share its current trading value on the Over the Counter market The issuance of DLT Resolution Shares in a number representing The Initial Purchase Price of the Transaction","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC and their beneficial owners"},{"label":"Consideration","value":"issuing shares at a current value of .005 USD per share"},{"label":"Closing","value":"2024-03-11"}],"fact_type":"ma_transaction"},{"claim_id":"0f8aa8eac9ba496013aa9d33c0c54c3b7af8c4e0","claim":"DLT Resolution Inc. entered into Share Purchase Agreement with Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC valued at combined annual gross revenue of USD $50,858,000 (effective 2024-03-11).","evidence_excerpt":"On March 11, 2024, DLT Resolution Inc. (the “ Company ” or “ we ”) entered into and closed the transactions contemplated by the definitive share purchase agreement (share for share exchange) (the “ Share Purchase Agreement ”) by and among the Companies,Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC"},{"label":"Value","value":"combined annual gross revenue of USD $50,858,000"},{"label":"Effective","value":"2024-03-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}