{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-034481","form_type":"8-K","ticker":"NBND","cik":"0001725911","company_name":"NetBrands Corp.","filed_at":"2024-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.293901+00:00","generated_at":"2026-05-31T06:49:09.125220+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CEO Paul Adler converts $178,729 loan into 2.48M shares at $0.072/share","bullets":["Chairman/CEO Paul Adler converted $178,729 in loans and accrued interest to common stock.","Conversion price of $0.072 per share, matching the August 29, 2024 closing price.","2,482,347 shares issued to InPlay Capital Inc., an entity controlled by Mr. Adler.","Debt-to-equity swap reduces insider liabilities and increases outstanding shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-034481","json":"https://secwatch.observer/filing/0001493152-24-034481.json","markdown":"https://secwatch.observer/filing/0001493152-24-034481.md","text":"https://secwatch.observer/filing/0001493152-24-034481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1725911/000149315224034481/0001493152-24-034481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1725911/000149315224034481/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:49:09.125220+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"}