{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-034646","form_type":"8-K","ticker":"ASBP","cik":"0001847345","company_name":"Aspire Biopharma Holdings, Inc.","filed_at":"2024-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.882791+00:00","generated_at":"2026-05-31T06:50:39.783356+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"PowerUp Acquisition Corp. enters into definitive merger agreement with Aspire Biopharma valued at $316.8M","bullets":["Consideration to Aspire stockholders: shares of New Aspire Common Stock valued at $316.8M less indebtedness and cash shortfall.","Post-closing board: 7 directors (2 from PowerUp, 5 from Aspire); CEO and CFO to be Aspire's current officers.","Closing conditions include shareholder approvals, SEC effectiveness of Form S-4, Nasdaq listing, and no material adverse effects.","No termination fees; outside date of August 17, 2025 to consummate the transaction.","PowerUp will domesticate from Cayman Islands to Delaware prior to closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-034646","json":"https://secwatch.observer/filing/0001493152-24-034646.json","markdown":"https://secwatch.observer/filing/0001493152-24-034646.md","text":"https://secwatch.observer/filing/0001493152-24-034646.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847345/000149315224034646/0001493152-24-034646-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847345/000149315224034646/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:50:39.783356+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"}