{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-011732","form_type":"8-K","ticker":"AIXC","cik":"0001460702","company_name":"AIxCrypto Holdings, Inc.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.242215+00:00","generated_at":"2026-06-04T06:01:20.370859+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Qualigen's RAS inhibitor out-license deal with Pan-RAS terminated without closing","bullets":["Pan-RAS Holdings failed to close by March 16, 2024; license agreement terminated without liability to either party.","QLGN will not receive the $1 million upfront cash payment nor future milestone and royalty payments from Pan-RAS.","The agreement was effectively a 30-day option; Pan-RAS was unable to effectuate the closing within that period.","QLGN retains full rights to its RAS inhibitor program; no termination penalties incurred."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-011732","json":"https://secwatch.observer/filing/0001493152-24-011732.json","markdown":"https://secwatch.observer/filing/0001493152-24-011732.md","text":"https://secwatch.observer/filing/0001493152-24-011732.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1460702/000149315224011732/0001493152-24-011732-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1460702/000149315224011732/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:01:20.370859+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":"2cfdf198050840966ecbe1995a303be5500d157a","claim":"AIxCrypto Holdings, Inc. terminated License and Sublicense Agreement with Pan-RAS Holdings, Inc. (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024, as of March 16, 2024, we entered into a Termination Agreement with Pan-RAS Holdings, Inc., a New York corporation (“ Pan-RAS Holdings ”). The Termination Agreement terminated, without liability on either party, the License and Sublicense Agreement dated February 15, 2024 between us and Pan-RAS Holdings (the “ License and Sublicense Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1460702/000149315224011732/0001493152-24-011732-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Pan-RAS Holdings, Inc."},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}