{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-029722","form_type":"8-K","ticker":null,"cik":"0001008586","company_name":"STREAMLINE HEALTH SOLUTIONS INC.","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.207457+00:00","generated_at":"2026-06-22T23:11:47.618514+00:00","sec_items":["1.01","2.05","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Streamline Health raises $8.3M in direct offering, consolidates businesses, appoints new president","bullets":["Closed registered direct offering of 6,299,989 shares at $1.32/share for $8.3M gross; >30% from insiders.","Consolidated eValuator and Avelead businesses; expects $1.5M annualized cost savings now, $1.5M more in FY2023.","Appointed Ben Stilwill as President; Jawad Shaikh as Chief Strategy Officer; Amy Sebero as Chief Growth Officer.","Workforce reduced by 10 employees (7%); executive salary cuts of 0-30% for one year.","Anticipates exiting FY2022 with $17M SaaS ACV and FY2023 with $30M SaaS ACV; expects positive cash ops in Q3 FY2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-029722","json":"https://secwatch.observer/filing/0001493152-22-029722.json","markdown":"https://secwatch.observer/filing/0001493152-22-029722.md","text":"https://secwatch.observer/filing/0001493152-22-029722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1008586/000149315222029722/0001493152-22-029722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1008586/000149315222029722/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T23:11:47.618514+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":"0083e7c175","claim":"Ben Stilwill was appointed as President at STREAMLINE HEALTH SOLUTIONS INC..","evidence_excerpt":"the Board appointed Ben Stilwill as President of the Company, effective October 26, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315222029722/0001493152-22-029722-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"4b6c330f160294f77a7e177a1359c080ae82d4e5","claim":"STREAMLINE HEALTH SOLUTIONS INC. entered into Purchase Agreements with Purchasers valued at 6,299,989 shares of common stock at $1.32 per share, gross proceeds approximately $8.3 million (effective 2022-10-24).","evidence_excerpt":"On October 24, 2022, Streamline Health Solutions, Inc. (the “Company”) entered into purchase agreements (collectively, the “Purchase Agreements”) with purchasers named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell in a registered direct offering an aggregate of 6,299,989 shares of common stock, par value $0.01 per share (the “Common Stock”), at a purchase price of $1.32 per share (the “Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315222029722/0001493152-22-029722-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Purchasers"},{"label":"Value","value":"6,299,989 shares of common stock at $1.32 per share, gross proceeds approximately $8.3 million"},{"label":"Effective","value":"2022-10-24"}],"fact_type":"material_agreement"},{"claim_id":"6f1e913c7597f9bf8bd1261a2540f1987dd5f610","claim":"STREAMLINE HEALTH SOLUTIONS INC. announced a restructuring with charges of approximately $300,000 (approximately 10 employees, or approximately 7% of the Company’s employee workforce).","evidence_excerpt":"The Company also eliminated four independent contractors from its cost structure. As a result of the alignment plan, the Company anticipates that it will incur approximately $300,000 in one-time severance and other employee termination-related costs. The Company is not currently aware of any other significant charges it will incur as a result of the alignment","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315222029722/0001493152-22-029722-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $300,000"},{"label":"Headcount","value":"approximately 10 employees, or approximately 7% of the Company’s employee workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}