{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-009037","form_type":"8-K","ticker":"SKKY","cik":"0001546853","company_name":"Skkynet Cloud Systems, Inc.","filed_at":"2025-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.704674+00:00","generated_at":"2026-05-16T12:44:10.121505+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Skkynet secures C$1.04M govt loan for C$2.6M Industrial AI project","bullets":["C$2.6M (US$1.9M) project partially funded by C$1.04M interest-free repayable loan from FedDev Ontario.","Project enhances Cogent DataHub platform with secure real-time data bridges for Industrial AI.","Funding will expand engineering team and accelerate commercialization of Industrial AI solutions.","Announced with Minister Evan Solomon; CEO Gary Tillery and President Paul Thomas commented."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-009037","json":"https://secwatch.observer/filing/0001477932-25-009037.json","markdown":"https://secwatch.observer/filing/0001477932-25-009037.md","text":"https://secwatch.observer/filing/0001477932-25-009037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1546853/000147793225009037/0001477932-25-009037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1546853/000147793225009037/skky_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:44:10.121505+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":"ed22d7ac49c4b6a6f53ed34aa877c8dc6c827c80","claim":"Skkynet Cloud Systems, Inc. entered into a credit facility with FedDev Ontario’s Regional Artificial Intelligence Initiative valued at C$1.04 million (US$0.75 million) (effective 2025-12-18).","evidence_excerpt":"On December 18, 2025, Skkynet Cloud Systems, Inc. (“the Company”) announced a C$2.6 million (US$1.9 million) Industrial AI Product Development Initiative (the “Project”) partially funded by the Government of Canada through FedDev Ontario’s Regional Artificial Intelligence Initiative (“FedDev Ontario”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1546853/000147793225009037/0001477932-25-009037-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"FedDev Ontario’s Regional Artificial Intelligence Initiative"},{"label":"Value","value":"C$1.04 million (US$0.75 million)"},{"label":"Effective","value":"2025-12-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}