{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-008111","form_type":"8-K","ticker":"XERI","cik":"0001481504","company_name":"XERIANT, INC.","filed_at":"2025-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.498908+00:00","generated_at":"2026-05-16T21:04:58.497063+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Xeriant settles debt with Auctus Fund, issuing 30M shares and agreeing to $3.5M payment","bullets":["Xeriant issued 30,000,000 unrestricted shares to Auctus pursuant to a February 2025 conversion notice.","Xeriant must pay Auctus $3.5 million in four installments: $1M each at 75, 105, 135 days, and $500K at 165 days from Oct 29, 2025.","Auctus will suspend conversion rights and return two warrants (25M shares each) upon full payment of $3.5M.","Xeriant released all claims against Auctus related to the Note and warrants, and agreed not to sue.","Litigation proceeds from Xeriant's case against XTI Aircraft will be shared with Auctus on a preferred basis after legal fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-008111","json":"https://secwatch.observer/filing/0001477932-25-008111.json","markdown":"https://secwatch.observer/filing/0001477932-25-008111.md","text":"https://secwatch.observer/filing/0001477932-25-008111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481504/000147793225008111/0001477932-25-008111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481504/000147793225008111/xeri_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T21:04:58.497063+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}