{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-019996","form_type":"8-K/A","ticker":"FWFW","cik":"0001492617","company_name":"FLYWHEEL ADVANCED TECHNOLOGY, INC.","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.030631+00:00","generated_at":"2026-06-14T08:08:03.255356+00:00","sec_items":["2.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Flywheel majority shareholder Sparta sells 4.76M shares for $12.98M, stake drops to 40.64%","bullets":["Sparta entered subscription agreements with 29 investors to sell 4,764,547 shares at $12,975,348.18 total.","Post-sale, Sparta holds 11,435,453 shares, or 40.64% of outstanding common stock.","Amendment restates beneficial ownership: Tang Siu Fung controls 40.64% via Sparta; QBS Flywheel holds 31.77%.","Company contractually obligated to issue 1,450,000 shares each to Sau Ping Leung and So Ha Tsang.","Conversion of A-1 Preferred Shares to 16,200,000 common shares on Sept 15, 2022, approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-019996","json":"https://secwatch.observer/filing/0001493152-23-019996.json","markdown":"https://secwatch.observer/filing/0001493152-23-019996.md","text":"https://secwatch.observer/filing/0001493152-23-019996.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492617/000149315223019996/0001493152-23-019996-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492617/000149315223019996/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:08:03.255356+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}