secwatch.observer — SEC 8-K summary
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Issuer:     Clearday, Inc. (—)
CIK:        0000895665
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001493152-23-037501
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearday announces restatement of Q1 2023 10-Q; net loss increased $595,698
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- Board determined March 31, 2023 financials unreliable due to errors; will amend 10-Q.
- Net loss from continuing ops increased by $595,698; total current liabilities up $447,470.
- Accrued interest rose $423,329 from an obligation in default; other expense adjustments.
- No executive claw-back triggered; measures implemented to prevent recurrence.
- Independent auditor Turner Stone acknowledges and agrees with the disclosures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895665/000149315223037501/0001493152-23-037501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895665/000149315223037501/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037501

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