{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-039944","form_type":"8-K","ticker":"ILAL","cik":"0001657214","company_name":"International Land Alliance Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.963745+00:00","generated_at":"2026-06-08T09:42:15.035066+00:00","sec_items":["1.01","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"International Land Alliance issues Series D convertible preferred to exchange $1.7M+ debt","bullets":["Enters securities purchase agreement with Six-Twenty Capital to exchange over $1,700,000 in outstanding loans for Series D Convertible Preferred Stock.","Series D has stated value of $100, cumulative cash dividends at 12% per annum plus additional 8% in common stock dividends.","Conversion allowed 18 months after issuance; price is lower of qualified offering price or 80% of 10-day VWAP.","Up to 20,000 Series D shares authorized; mandatory partial redemption at 110% of stated value.","Series D ranks senior to all stock except Series C preferred; exempt from registration under Rule 506."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-039944","json":"https://secwatch.observer/filing/0001493152-23-039944.json","markdown":"https://secwatch.observer/filing/0001493152-23-039944.md","text":"https://secwatch.observer/filing/0001493152-23-039944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T09:42:15.035066+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":"a130e8a15deb0a3e0332d6f3c2426c1ccbd7c06f","claim":"International Land Alliance Inc.: Filed Certificate of Designations for Series D Convertible Preferred Stock, authorizing up to 20,000 shares (effective 2023-11-02).","evidence_excerpt":"On November 2, 2023, the Company received notice of the effectiveness of its filing of a Certificate of Designations, Preferences and Rights of the Series D Shares with the Wyoming Secretary of State (the “Certificate of Designations”), authorizing the issuance of up to 20,000 shares of Series D Preferred Stock, par value $0.001 per share.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-11-02"}],"fact_type":"governance_change"},{"claim_id":"a4dbd78d76c22e893706f15bcf162eb9f0ceb368","claim":"International Land Alliance Inc. entered into Securities Purchase Agreement with Six-Twenty Capital Management LLC valued at Debt: $1,700,000; Preferred Stock stated value: $100.00 per share (effective 2023-11-08).","evidence_excerpt":"On November 8, 2023, International Land Alliance, Inc., a Wyoming corporation (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Six-Twenty Capital Management LLC (the “Purchaser”) who has advanced loans in excess of $1,700,000 (the “Debt”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Six-Twenty Capital Management LLC"},{"label":"Value","value":"Debt: $1,700,000; Preferred Stock stated value: $100.00 per share"},{"label":"Effective","value":"2023-11-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}