{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-018698","form_type":"8-K","ticker":"SDCH","cik":"0001022505","company_name":"SideChannel, Inc.","filed_at":"2022-07-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.621068+00:00","generated_at":"2026-06-24T20:16:46.501284+00:00","sec_items":["2.01","3.02","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cipherloc completes acquisition of SideChannel, changes name to SideChannel Inc., appoints Haugli as CEO","bullets":["Acquired SideChannel for 59.9M common shares and 100 Series A Preferred; additional 59.9M shares contingent on $5.5M revenue milestone within 48 months.","Sellers hold ~40.4% of common stock post-closing; could reach ~57.5% if milestone met; lock-up prohibits sales for 24 months, up to 20% after 12 months.","Name changed to SideChannel, Inc. effective July 1, 2022; Brian Haugli appointed CEO; David Chasteen becomes EVP Sales and Marketing with $100K severance.","Board expanded to six: Deborah MacConnel and Kevin Powers appointed; Hugh Regan and Haugli to join later; Chasteen and Sammy Davis resigned as directors.","New Series A Preferred stock (100 shares) grants holders four board seats (majority) until mandatory conversion upon milestone or liquidation."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-018698","json":"https://secwatch.observer/filing/0001493152-22-018698.json","markdown":"https://secwatch.observer/filing/0001493152-22-018698.md","text":"https://secwatch.observer/filing/0001493152-22-018698.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022505/000149315222018698/0001493152-22-018698-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022505/000149315222018698/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T20:16:46.501284+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":"01855306e4","claim":"Brian Haugli was appointed as President and Chief Executive Officer at SideChannel, Inc..","evidence_excerpt":"Brian Haugli was appointed 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}