{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-017936","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.167806+00:00","generated_at":"2026-06-02T22:40:07.157827+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"JanOne raises ~$300K via registered direct offering of 79,782 units at $3.775/unit","bullets":["Sold 79,782 units, each consisting of one share of common stock and one warrant to purchase one share at $3.63.","Gross proceeds approximately $300,000; net proceeds for working capital and general corporate purposes.","Warrants have a three-year term; investors are two non-U.S. accredited institutional investors.","Closing occurred on May 1, 2024; no placement agent was used.","Offering made under effective shelf registration statement (File No. 333-278784)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-017936","json":"https://secwatch.observer/filing/0001493152-24-017936.json","markdown":"https://secwatch.observer/filing/0001493152-24-017936.md","text":"https://secwatch.observer/filing/0001493152-24-017936.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/0001493152-24-017936-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:40:07.157827+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":"63d430d2cf80d2ea5f9b2bc044046a5722ec32ad","claim":"AI Financial Corp entered into Securities Purchase Agreement with two certain institutional investors valued at approximately $300,000 (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, JanOne Inc. (the “ Company ” or “ our ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with two certain institutional investors (the “ Investors ”) for the sale by the Company in a registered direct offering priced at-the-market under the rules of The Nasdaq Stock Market (the “ Offering ”) of 79,782 units (the “ Units ”) of the Company’s securities, each Unit consisting of one share of our common stock, par value $0.001 per share (“ Common Stock ”), and one common stock purchase warrant for the purchase of an additional share of Common Stock (“ Warrants ”), at a purchase price of $3.775 per Unit.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/0001493152-24-017936-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"two certain institutional investors"},{"label":"Value","value":"approximately $300,000"},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}