{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-004166","form_type":"8-K","ticker":null,"cik":"0001544400","company_name":"NFiniTi inc.","filed_at":"2025-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.713500+00:00","generated_at":"2026-05-20T14:12:54.819303+00:00","sec_items":["1.01","2.01","3.02","5.06","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NFiniTi subsidiary acquires CyberSyn crypto exchange; issues $500K convertible note with 50% OID","bullets":["NFiniTi 1 Inc. acquired all membership interests of CyberSyn LLC, a pre-revenue centralized crypto exchange for U.S. market.","CyberSyn members received 90% of NFiniTi 1 equity; parent NFiniTi retains 10%.","Parent issued $500K convertible note with 50% OID ($250K funding), 15% interest, matures May 2027.","Note converts at 25% discount to lowest 30-day VWAP, subject to 4.99% beneficial ownership cap.","NFiniTi ceased being a shell company in Feb 2025 after reverse acquisition of Artisan Beverages; now diversifying into fintech."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-004166","json":"https://secwatch.observer/filing/0001477932-25-004166.json","markdown":"https://secwatch.observer/filing/0001477932-25-004166.md","text":"https://secwatch.observer/filing/0001477932-25-004166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1544400/000147793225004166/0001477932-25-004166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1544400/000147793225004166/nftn_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T14:12:54.819303+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":"4565dfeed412e66d9e2dda650b67de89f0b7c99a","claim":"NFiniTi inc.: Company ceased being a shell company after completing reverse acquisition and becoming a pre-revenue operating company (effective 2025-02-10).","evidence_excerpt":"Prior to February 10, 2025, the Company was a shell company as defined in Rule 12b-2 under the Securities Exchange Act of 1934, with no significant operations or assets. Key developments include: · February 10, 2025: Completed a reverse acquisition of Artisan Beverages, Inc., a Delaware corporation engaged in producing ready-to-drink alcoholic beverages, as reported in the Form 8-K filed on February 10, 2025. · Result: The Company ceased to be a shell company and became a pre-revenue operating company focused on the beverage industry, as detailed in the Form 1-A filed May 20, 2025.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1544400/000147793225004166/0001477932-25-004166-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2025-02-10"}],"fact_type":"governance_change"},{"claim_id":"cc726a67c090e6ed7a1b5e3597d77f5f2c7d65c8","claim":"NFiniTi inc. completed an acquisition involving CyberSyn LLC (closed 2025-05-20).","evidence_excerpt":"On May 20, 2025, the Subsidiary completed the acquisition of all issued and outstanding membership interests of CyberSyn LLC pursuant to the Purchase Agreement described in Item 1.01.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1544400/000147793225004166/0001477932-25-004166-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"CyberSyn LLC"},{"label":"Closing","value":"2025-05-20"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}