{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-049823","form_type":"8-K","ticker":"ETST","cik":"0001538495","company_name":"Earth Science Tech, Inc.","filed_at":"2024-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.738377+00:00","generated_at":"2026-05-29T04:02:22.919105+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Earth Science Tech acquires Avenvi LLC for ~$1.06M in related-party transaction","bullets":["Acquisition price of $1,058,788; $258,788 initial payment plus $200,000/month for four months.","Avenvi's audited Sept 30, 2024 balance sheet: total assets $1,056,140 ($282k cash, $184k equity securities, $590k property/equipment).","Avenvi had zero revenue and net income of $399,791 for Jan-Sep 2024, primarily from investment gains.","Seller is Giorgio R. Saumat, also CEO/Chairman of Earth Science Tech; board approved as arm's-length.","Acquired assets include ~4 acres vacant residential land, one commercial property (5,000 sq ft), and cash equivalents."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-049823","json":"https://secwatch.observer/filing/0001493152-24-049823.json","markdown":"https://secwatch.observer/filing/0001493152-24-049823.md","text":"https://secwatch.observer/filing/0001493152-24-049823.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/0001493152-24-049823-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T04:02:22.919105+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":"be24c8e290d74ee5ff1e14ac27c5016b34dd37e1","claim":"Earth Science Tech, Inc. completed an acquisition involving Avenvi, LLC (closed 2024-10-01).","evidence_excerpt":"On October 1, 2024, Earth Science Tech, Inc., a Florida corporation (OTC: ETST) (the “Company”) acquired Avenvi, LLC., a Florida limited liability company (the “Seller”) and is filing this 8-K with audited financials completed on December 12, 2024 pursuant to the previously announced Purchase and Sale Agreement dated October 1, 2024 (the “closing Date”)","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/0001493152-24-049823-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Avenvi, LLC"},{"label":"Closing","value":"2024-10-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}