{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-002041","form_type":"8-K","ticker":"WNHK","cik":"0001503658","company_name":"Winning Catering Group, Inc.","filed_at":"2023-01-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.293974+00:00","generated_at":"2026-06-20T12:25:45.541298+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LiquidValue Development completes sale of 112 single-family homes for $26.25M to related party Alset Inc.","bullets":["Total consideration of $26,250,933 includes debt forgiveness of $13,900,000, promissory note of $11,350,933, and $1,000,000 cash.","The sold subsidiary, American Home REIT Inc., owned 112 single-family rental homes; purchase price equaled book value as of Nov. 30, 2022.","Pro forma 2022 net loss attributable to common stockholders improves from $(2.31M) to $(0.77M) after disposition.","Transaction is with Alset Inc., which indirectly owns ~99.9% of LiquidValue; Chan Heng Fai is chairman/CEO of both entities.","Pro forma balance sheet reduces real estate assets by $26.1M and note payables by $13.9M, with $11.35M promissory note receivable."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-002041","json":"https://secwatch.observer/filing/0001493152-23-002041.json","markdown":"https://secwatch.observer/filing/0001493152-23-002041.md","text":"https://secwatch.observer/filing/0001493152-23-002041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1503658/000149315223002041/0001493152-23-002041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1503658/000149315223002041/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T12:25:45.541298+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":"8a93324c496f78acaee7613d73bc42aa6f0e9454","claim":"Winning Catering Group, Inc. completed a disposition involving Alset Inc. for $26,250,933 (closed 2023-01-13).","evidence_excerpt":"Alset EHome Inc. sold AHR for a total consideration of $26,250,933, including the forgiveness of debt in the amount of $13,900,000, a promissory note in the amount of $11,350,933 and a cash payment of $1,000,000.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1503658/000149315223002041/0001493152-23-002041-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Alset Inc."},{"label":"Consideration","value":"$26,250,933"},{"label":"Closing","value":"2023-01-13"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}