{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-000328","form_type":"8-K","ticker":null,"cik":"0001622057","company_name":"Nascent Biotech Inc.","filed_at":"2025-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.219338+00:00","generated_at":"2026-05-27T23:15:03.044608+00:00","sec_items":["5.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Nascent Biotech director resigns; company faces OTC delinquency for late filing","bullets":["Douglas Karas resigned as independent director on Jan 10, 2025 due to personal health issues.","Company received OTC delinquency for untimely filing; will file Q3 2025 (likely Q3 2024) to maintain pink sheet status.","Directors and officers agreed to terminate non-dilutive stock clause in employment contracts."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-000328","json":"https://secwatch.observer/filing/0001477932-25-000328.json","markdown":"https://secwatch.observer/filing/0001477932-25-000328.md","text":"https://secwatch.observer/filing/0001477932-25-000328.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622057/000147793225000328/0001477932-25-000328-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622057/000147793225000328/nbio_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:15:03.044608+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":"1137cc91b3","claim":"Douglas Karas resigned as independent Director at Nascent Biotech Inc..","evidence_excerpt":"On January 10, 2025, Douglas Karas submitted his written resignation as an independent Director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622057/000147793225000328/0001477932-25-000328-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"independent Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}