{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-011247","form_type":"8-K","ticker":null,"cik":"0001902794","company_name":"MGO Global Inc.","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.282817+00:00","generated_at":"2026-06-04T08:07:04.527371+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MGO Global assigns Messi trademark license to Centric Brands for $2M cash","bullets":["MGOTEAM 1 LLC assigns all rights under Messi License Agreement to Centric Brands LLC effective March 21, 2024.","Centric pays $2M cash consideration and assumes €1.5M in minimum guarantee payments due in 2024.","MGO transfers themessistore.com website and social media accounts to Centric by March 30, 2024.","MGO retains pre-closing liabilities but is released from all future minimum guarantees and royalties.","Assignment covers license through its expiration on December 31, 2024; Centric may negotiate extensions with LMM."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-011247","json":"https://secwatch.observer/filing/0001493152-24-011247.json","markdown":"https://secwatch.observer/filing/0001493152-24-011247.md","text":"https://secwatch.observer/filing/0001493152-24-011247.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1902794/000149315224011247/0001493152-24-011247-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1902794/000149315224011247/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:07:04.527371+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":"85627c29c2f95bd6ea8aedc9b2430ea4a716d8ba","claim":"MGO Global Inc. completed a disposition involving Centric Brands LLC for $2,000,000 (closed 2024-03-21).","evidence_excerpt":"and all related content, including without limitation any such accounts with the handle @themessistore (“Social Media”). Centric agreed to pay MGO LLC cash consideration of $2,000,000 and assume MGO’s Minimum Guaranteed Amounts (as defined in the License Agreement) having due dates in 2024. The consummation of the transactions set forth in the Term sheet was","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1902794/000149315224011247/0001493152-24-011247-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Centric Brands LLC"},{"label":"Consideration","value":"$2,000,000"},{"label":"Closing","value":"2024-03-21"}],"fact_type":"ma_transaction"},{"claim_id":"2238a053f245d5b1338b4b74e788f30c14a1a304","claim":"MGO Global Inc. entered into Deed of Novation, Assignment and Assumption with Centric Brands LLC valued at $2,000,000 (effective 2024-03-21).","evidence_excerpt":"On March 21, 2024, MGO LLC, Centric and LMM signed a Deed of Novation, Assignment and Assumption (the “Deed”) providing for MGO LLC to assign all of its rights and obligations under the License Agreement to Centric, and the agreement by Centric to assume all of MGO LLC’s rights and obligations in respect of the License Agreement with effect on and from March 21, 2024.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1902794/000149315224011247/0001493152-24-011247-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Centric Brands LLC"},{"label":"Value","value":"$2,000,000"},{"label":"Effective","value":"2024-03-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}