{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-022923","form_type":"8-K","ticker":"PLSH","cik":"0001552189","company_name":"PANACEA LIFE SCIENCES HOLDINGS, INC.","filed_at":"2021-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.542010+00:00","generated_at":"2026-06-29T03:13:37.623818+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Exactus restates Q2 2021 financials; related-party revenue of $4.7M improperly recognized","bullets":["Board concluded Q2 2021 Form 10-Q cannot be relied upon due to material errors.","$4.7M inventory sale to related party (Chairman/CEO) was improperly recorded as revenue.","Transaction accounted for 92% of Q2 revenue and 83% of H1 2021 revenue.","Additional errors in cash flow classification, ROU assets, payables, and expenses under review.","Company will file an amended 10-Q as soon as practicable."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-022923","json":"https://secwatch.observer/filing/0001493152-21-022923.json","markdown":"https://secwatch.observer/filing/0001493152-21-022923.md","text":"https://secwatch.observer/filing/0001493152-21-022923.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552189/000149315221022923/0001493152-21-022923-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552189/000149315221022923/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T03:13:37.623818+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"}