{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-005514","form_type":"8-K","ticker":"BLNC","cik":"0001632121","company_name":"Balance Labs, Inc.","filed_at":"2022-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.470637+00:00","generated_at":"2026-06-27T04:13:57.679029+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Balance Labs sells 28.7M Descrypto shares for $287; ownership reduces to 7.2M shares","bullets":["On Feb 18, 2022, Balance Labs sold 28,700,337 shares of Descrypto common stock for $287 total ($0.00001/share).","Post-sale, Balance Labs owns 7,175,084 shares of Descrypto, down from 35,875,421 after a prior November redemption.","The Redemption Agreement is void if Descrypto fails to raise $2M and acquire a blockchain company within 12 months.","Balance Labs now holds 7.2M shares of Descrypto, representing a lower ownership percentage than its prior 46.1% stake from the June 2021 share exchange."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-005514","json":"https://secwatch.observer/filing/0001493152-22-005514.json","markdown":"https://secwatch.observer/filing/0001493152-22-005514.md","text":"https://secwatch.observer/filing/0001493152-22-005514.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1632121/000149315222005514/0001493152-22-005514-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1632121/000149315222005514/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T04:13:57.679029+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"}