{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020185","form_type":"8-K/A","ticker":"FWFW","cik":"0001492617","company_name":"FLYWHEEL ADVANCED TECHNOLOGY, INC.","filed_at":"2023-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.030849+00:00","generated_at":"2026-06-14T06:31:44.552941+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Majority shareholder sells 4.76M shares for $12.98M; pro forma shows net loss of $954K for FY2022","bullets":["Sparta sold 4,764,547 shares for $12,975,348 from May 3-18, 2023; ownership fell from 54.75% to 38.64%.","Pro forma net loss for year ended Sep 30, 2022: $953,914; for three months ended Dec 31, 2022: $953,169.","Acquisition of QBS System closed via 8,939,600 shares valued at $2,950,068; goodwill of $2,063,075 recorded.","Additional 2,900,000 shares issued to settle advisory fees, valued at $0.33 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020185","json":"https://secwatch.observer/filing/0001493152-23-020185.json","markdown":"https://secwatch.observer/filing/0001493152-23-020185.md","text":"https://secwatch.observer/filing/0001493152-23-020185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492617/000149315223020185/0001493152-23-020185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492617/000149315223020185/form8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:31:44.552941+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"}