{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-010010","form_type":"8-K","ticker":null,"cik":"0001855751","company_name":"Parsec Capital Acquisitions Corp.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.190492+00:00","generated_at":"2026-06-17T08:28:20.241218+00:00","sec_items":["1.01","2.01","2.02","3.02","5.01","5.02","5.06","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Parsec Capital acquires 56.7% of Enteractive Media in stock exchange; SPAC completes business combination","bullets":["Parsec acquired 56.7% of Enteractive's common stock from majority stockholders in exchange for 3,402,560 newly issued Parsec Class B shares.","The March 9, 2023 Stock Exchange and Reorganization Agreement supersedes the October 13, 2022 Agreement and Plan of Merger.","Parsec had previously redeemed all Class A shares and warrants expired worthless as of December 2022; Nasdaq listing was cancelled.","Enteractive operates PlayerVision, a gambling-themed media and affiliate platform targeting the Canadian sports betting market after Bill C-218 legalization.","The combined company will focus on the PlayerVision Affiliate Gaming Network, generating revenue from affiliate commissions and advertising."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-010010","json":"https://secwatch.observer/filing/0001493152-23-010010.json","markdown":"https://secwatch.observer/filing/0001493152-23-010010.md","text":"https://secwatch.observer/filing/0001493152-23-010010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855751/000149315223010010/0001493152-23-010010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855751/000149315223010010/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:28:20.241218+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":"091bdb5a64d5cfc92782476c3ffc9725f5ff6ef2","claim":"Parsec Capital Acquisitions Corp.: Parsec ceased being a shell company upon completion of the acquisition on March 9, 2023 (effective 2023-03-09).","evidence_excerpt":"Prior to the closing of the acquisition, Parsec was a “shell company” as defined in Rule 405 of the Securities Act and Rule 12b-2 of the Exchange Act. As described in Item 2.01 above, which is incorporated by reference into this Item 5.06, Parsec ceased being a shell company upon completion of the acquisition on March 9, 2023.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855751/000149315223010010/0001493152-23-010010-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2023-03-09"}],"fact_type":"governance_change"},{"claim_id":"d8a47f4a88e7172fcc1b6d964d6c865e21ab3254","claim":"Parsec Capital Acquisitions Corp. completed an acquisition involving Enteractive Media, Inc. (closed 2023-03-09).","evidence_excerpt":"On March 9, 2023, we entered into the Acquisition Agreement with stockholders of Enteractive Media, Inc owning 56.7% of Enteractive’s issued and outstanding common stock making Enteractive a majority owned subsidiary of Parsec, as more fully described in Item 2.02 above, Immediately following the closing of the Acquisition, former Enteractive Media, Inc. shareholders own approximately 59.6% of our issued and outstanding common stock","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855751/000149315223010010/0001493152-23-010010-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Enteractive Media, Inc."},{"label":"Closing","value":"2023-03-09"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}