{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-000980","form_type":"8-K","ticker":"ILAL","cik":"0001657214","company_name":"International Land Alliance Inc.","filed_at":"2023-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.033740+00:00","generated_at":"2026-06-20T17:55:45.134564+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ILAL acquires remaining 75% of Rancho Costa Verde Development for $13.5M","bullets":["Consideration: $8.9M secured convertible note (quarterly $2.225M at 5%, due Mar 2024), 20M shares, 33M warrants at $0.10/5yr.","RCVD is a 1,100-acre, 1,400-lot master planned community in Baja California; over 1,000 lots sold and 55 homes built.","In last 12 months: 67 lots sold (~$2.2M gross lot sales) and 22 homes under contract (~$4.5M).","Employment agreements to be executed with Seller principals."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-000980","json":"https://secwatch.observer/filing/0001493152-23-000980.json","markdown":"https://secwatch.observer/filing/0001493152-23-000980.md","text":"https://secwatch.observer/filing/0001493152-23-000980.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223000980/0001493152-23-000980-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223000980/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:55:45.134564+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":"5f5924cb59e7ee6edd4a45a8eb68dc07ce9c3114","claim":"International Land Alliance Inc. entered into Securities Purchase Agreement with International Real Estate Development, LLC valued at $13.5 million (effective 2023-01-03).","evidence_excerpt":"On January 3, 2023, the Company, executed a definitive Securities Purchase Agreement (the “Agreement”) to acquire the remaining 75% of the membership interests of Rancho Costa Verde Development, LLC (the “Membership Interests”) from International Real Estate Development, LLC (“Seller”) for $13.5 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223000980/0001493152-23-000980-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"International Real Estate Development, LLC"},{"label":"Value","value":"$13.5 million"},{"label":"Effective","value":"2023-01-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}