{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-009115","form_type":"8-K","ticker":"INLX","cik":"0001081745","company_name":"INTELLINETICS, INC.","filed_at":"2022-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.663739+00:00","generated_at":"2026-06-26T09:18:39.985182+00:00","sec_items":["1.01","2.01","3.02","2.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Intellinetics acquires Yellow Folder for $6.5M, financed via equity and 12% notes","bullets":["Acquired substantially all assets of Yellow Folder (K-12 document management) on April 1, 2022 for ~$6.5M cash, subject to working capital adjustment.","Yellow Folder's 2021 unaudited revenue ~$2.8M, adjusted EBITDA ~$0.6M; run-rate (Feb 2022) revenue $3.1M, EBITDA $0.8M.","Purchase price represents ~10.4x 2021 adjusted EBITDA and ~2.3x 2021 revenue.","Financed via private placement: 1,242,588 shares at $4.62 ($5.74M) and $2.96M of 12% subordinated notes due March 30, 2025.","Taglich entities (10%+ owners) purchased shares/notes; placement agent Taglich Brothers received $696K commission and 124,258 warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-009115","json":"https://secwatch.observer/filing/0001493152-22-009115.json","markdown":"https://secwatch.observer/filing/0001493152-22-009115.md","text":"https://secwatch.observer/filing/0001493152-22-009115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1081745/000149315222009115/0001493152-22-009115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1081745/000149315222009115/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T09:18:39.985182+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"}