{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-003340","form_type":"8-K","ticker":null,"cik":"0001805024","company_name":"Amergent Hospitality Group Inc.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.652984+00:00","generated_at":"2026-06-20T02:37:41.320068+00:00","sec_items":["1.01","5.03","3.02","3.03"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Amergent closes $2.5M private placement of preferred units; creates Series B Convertible Preferred","bullets":["Sold 125 units at $20,000 each for $2.5M gross; each unit includes Series A Preferred share and warrant for 10,000 common shares.","Warrants exercisable at $1.00/share for 10 years; subject to 4.99% beneficial ownership cap.","Authorized up to 400 shares of Series B Preferred, stated value $20,000, convertible at $0.50/share, 12% cumulative dividend.","Net proceeds to be used for acquisition of Boudreaux's Cajun Kitchen and future growth initiatives.","Series B Preferred redeemable at increasing prices: $25,000 (2023), $30,000 (2024), $35,000 (2025) per share plus accrued dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-003340","json":"https://secwatch.observer/filing/0001493152-23-003340.json","markdown":"https://secwatch.observer/filing/0001493152-23-003340.md","text":"https://secwatch.observer/filing/0001493152-23-003340.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805024/000149315223003340/0001493152-23-003340-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805024/000149315223003340/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T02:37:41.320068+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":"2c0ac63d3bdca4b124c900f07b4970c2893e9616","claim":"Amergent Hospitality Group Inc.: Filed a Certificate of Designation for Series B Convertible Preferred Stock, specifying its terms as part of the Certificate of Incorporation (effective 2023-02-01).","evidence_excerpt":"On February 1, 2023, Amergent filed a Certificate of Designation of the Preferences, Rights and Limitations Series B Convertible Preferred Stock (“Certificate”) with the Secretary of State of Delaware, which becomes effective upon filing.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805024/000149315223003340/0001493152-23-003340-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-02-01"}],"fact_type":"governance_change"},{"claim_id":"a5f6d898d4fc2d95284b6870570a1274983c6ff4","claim":"Amergent Hospitality Group Inc. entered into Securities Purchase Agreement with certain accredited investors valued at $2,500,000 (effective 2023-01-26).","evidence_excerpt":"On January 26, 2023, Amergent Hospitality Group Inc. (“Amergent or the “company”) closed, pursuant to a Securities Purchase Agreement with certain accredited investors, on the sale in a private offering of 125 units (“Units”), each Unit comprised of one share of Series A Convertible Preferred Stock (“Series A Preferred”) and a warrant (“Warrant”) to purchase up to 10,000 shares of common stock, $0.0001 par value, of the company, for aggregate gross proceeds of $2,500,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805024/000149315223003340/0001493152-23-003340-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Value","value":"$2,500,000"},{"label":"Effective","value":"2023-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}