---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002470"
form_type: "8-K"
ticker: "BSAI"
cik: "0001416090"
company_name: "BLUSKY AI INC."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:23:45.485051+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Inception Mining settles convertible note dispute with Antilles Family Office for $1.2M

## Summary
- Paid $1.2M to settle claims related to May 2019 convertible note and litigation; payment made Jan 20.
- Stipulated dismissal of litigation submitted to U.S. District Court for Delaware on Jan 20, 2023.
- Settlement discharges all past and future claims between Inception Mining and Antilles Family Office.

## SEC filing metadata
- accession: 0001493152-23-002470
- form_type: 8-K
- ticker: BSAI
- cik: 0001416090
- company_name: BLUSKY AI INC.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1416090/000149315223002470/0001493152-23-002470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1416090/000149315223002470/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002470
- JSON: https://secwatch.observer/filing/0001493152-23-002470.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002470.txt

## Key facts
- Material Agreements
  BLUSKY AI INC. entered into Settlement Agreement with Antilles Family Office, LLC valued at Settlement Payment of $1,200,000 (effective 2023-01-18).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Antilles Family Office, LLC
  - Value: Settlement Payment of $1,200,000
  - Effective: 2023-01-18
  source text: As of January 18, 2023, Inception Mining, Inc. (the “ Company ”) entered into a Settlement Agreement (the “ Settlement Agreement ”) with Antilles Family Office, LLC (the “ Investor ”), pursuant to which the Company and the Investor agreed to settle claims asserted between them related to that certain Senior Secured Redeemable Convertible Note (“Note”) executed on May 20, 2019 and related matters (the “Litigation”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1416090/000149315223002470/0001493152-23-002470-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.