{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-26-002966","form_type":"8-K","ticker":"GAMG","cik":"0000055234","company_name":"Global Asset Management Group, Inc.","filed_at":"2026-05-12T12:58:27+00:00","discovered_at":"2026-05-12T13:00:00.289594+00:00","generated_at":"2026-05-12T13:00:42.437077+00:00","sec_items":["2.01","2.03","1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Global Asset Management acquires 83.125% interest in Memorial Real Estate Group for $6.455M","bullets":["Total consideration: $6M 1-year convertible note (6% simple interest) plus $455k cash; note convertible at 90% of 30-day VWAP after Oct 8, 2026.","Also completed acquisition of 16.875% of RI Property Holdings on Apr 6 via $3.5M convertible note (6%, due Apr 6, 2027) from a related party.","MREG authorized a $1M loan from Bogdan Capital LLC; assumed CNE First Mortgage of ~$1.02M and $1.49M in third-party liens.","Redevelopment plan: ~40% affordable housing, 40% market-rate luxury apartments, 20% veteran-focused housing with community amenities."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-002966","json":"https://secwatch.observer/filing/0001477932-26-002966.json","markdown":"https://secwatch.observer/filing/0001477932-26-002966.md","text":"https://secwatch.observer/filing/0001477932-26-002966.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/55234/000147793226002966/0001477932-26-002966-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/55234/000147793226002966/gamg_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T13:00:42.437077+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":"a36be3b94b6608b1b97c473519b352f7f57227e7","claim":"Global Asset Management Group, Inc. incurred convertible notes of $3,500,000 at 6.00% simple interest maturing April 6, 2027.","evidence_excerpt":"On April 6, 2026, Global Asset Management Group, Inc. (the “Company”) completed the acquisition of 16.875% of RI Property Holding, Inc. in exchange for the Company’s issuance of a $3,500,000 convertible promissory note to the holder who is a shareholder of the Company and a related party. The note bears 6.00% simple interest and matures on April 6, 2027, with holder‐optional conversion beginning October 6, 2026 at 90% of the arithmetic average of the daily VWAP for the 30 trading days immediately preceding the conversion notice date; if not paid at maturity, a one‐time 5.0% post‐maturity penalty applies.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/55234/000147793226002966/0001477932-26-002966-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,500,000"},{"label":"Rate","value":"6.00% simple interest"},{"label":"Maturity","value":"April 6, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d82b4c556e048642e2ad33744af1d325bb305eca","claim":"Global Asset Management Group, Inc. incurred convertible notes of $6,000,000 at 6.00% per annum (simple interest) maturing April 8, 2027.","evidence_excerpt":"on May 8, 2026 the Company issued the Convertible Note in the principal amount of $6,000,000. The Convertible Note bears interest at 6.00% per annum (simple interest) and matures on April 8, 2027, unless earlier converted at the holder’s option.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/55234/000147793226002966/0001477932-26-002966-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$6,000,000"},{"label":"Rate","value":"6.00% per annum (simple interest)"},{"label":"Maturity","value":"April 8, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"92bbc90010ee1578a96d9766b83d2304e7cdf009","claim":"Global Asset Management Group, Inc. completed an acquisition involving FVP Investments, LLC and FVP Opportunity Fund III, LP (through their designee FVP Servicing, LLC, collectively, the 'Seller') for $6,455,000 (closed 2026-05-06).","evidence_excerpt":"and that FVP Servicing, LLC resigns as Administrative Agent under the loan agreement. The total consideration payable to the Seller in connection with the transaction was $6,455,000, consisting of (i) a $6,000,000 principal amount one-year convertible promissory note issued by the Company (the “Convertible Note”) and (ii) a $455,000 cash down payment paid at","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/55234/000147793226002966/0001477932-26-002966-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"FVP Investments, LLC and FVP Opportunity Fund III, LP (through their designee FVP Servicing, LLC, collectively, the 'Seller')"},{"label":"Consideration","value":"$6,455,000"},{"label":"Closing","value":"2026-05-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}