{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-018393","form_type":"8-K","ticker":"BESS","cik":"0001066764","company_name":"Bimergen Energy Corp","filed_at":"2022-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.856514+00:00","generated_at":"2026-06-24T21:35:01.224943+00:00","sec_items":["2.01","3.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bitech sells Quad Video assets for ~$8.8K note cancellation; issues 485.8M shares on conversion","bullets":["Sold all assets of Quad Video Halo to Quad Video Holdings and Peter Dalrymple; consideration: cancellation of ~$8,789 promissory note plus accrued interest.","Also sold accounts receivables of spine pain management business to SPIN Collections for nominal, immaterial consideration.","Issued 485,781,168 common shares upon conversion of 9,000,000 Series A Preferred shares; total outstanding after conversion: 506,022,050.","Filed Certificate of Amendment to increase authorized common shares from 250 million to 1 billion, approved May 9, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-018393","json":"https://secwatch.observer/filing/0001493152-22-018393.json","markdown":"https://secwatch.observer/filing/0001493152-22-018393.md","text":"https://secwatch.observer/filing/0001493152-22-018393.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1066764/000149315222018393/0001493152-22-018393-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1066764/000149315222018393/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T21:35:01.224943+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"}