{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-020865","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2024-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.168091+00:00","generated_at":"2026-06-01T11:49:30.891423+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"JanOne acquires Alt 5 Sigma for ~$16M in equity; Alt 5 becomes wholly-owned subsidiary","bullets":["Consideration: ~1.8M JanOne common shares (19.9% of outstanding) valued at $4.14/share, plus 34,207 Series B Preferred shares ($250 liquidation preference each).","Alt 5 operates blockchain payment gateway ALT 5 Pay and OTC trading platform ALT 5 Prime for digital assets.","Closing occurred May 15, 2024; financial statements of Alt 5 to be filed by July 31, 2024.","3,200 shares of Series M Preferred stock issued to finders in connection with the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-020865","json":"https://secwatch.observer/filing/0001493152-24-020865.json","markdown":"https://secwatch.observer/filing/0001493152-24-020865.md","text":"https://secwatch.observer/filing/0001493152-24-020865.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000149315224020865/0001493152-24-020865-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000149315224020865/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T11:49:30.891423+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}