{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-021358","form_type":"8-K","ticker":"SDCH","cik":"0001022505","company_name":"SideChannel, Inc.","filed_at":"2023-06-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.636938+00:00","generated_at":"2026-06-13T23:35:19.090329+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SideChannel converts Series A Preferred after SCS revenue milestone; Sellers now own 57.6% of SDCH common","bullets":["SCS achieved $5.7M trailing 12-month revenue (Mar 31, 2023), exceeding $5.5M milestone.","Board approved issuance of 62,016,618 Second Tranche shares (including working capital adjustment of 2,116,618 shares).","Sellers converted 100 shares of Series A Preferred into 100 common shares on June 12, 2023.","Following conversion, Sellers hold ~57.6% of 211,587,999 outstanding common shares; no preferred remains.","Lock-up restrictions: Sellers cannot sell >20% of shares until July 2023 (12 mo.) and remainder until July 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-021358","json":"https://secwatch.observer/filing/0001493152-23-021358.json","markdown":"https://secwatch.observer/filing/0001493152-23-021358.md","text":"https://secwatch.observer/filing/0001493152-23-021358.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022505/000149315223021358/0001493152-23-021358-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022505/000149315223021358/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T23:35:19.090329+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"}