{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-001850","form_type":"8-K","ticker":"FVTI","cik":"0001626745","company_name":"Fortune Valley Treasures, Inc.","filed_at":"2025-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.232205+00:00","generated_at":"2026-05-28T03:25:50.112692+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Fortune Valley Treasures sells subsidiary DaXing for $250K promissory note","bullets":["Sold 100% of DaXingHuaShang Investment Group to Lin Yumin for $250K promissory note at 8% interest, due Dec 31, 2025.","Closing completed Dec 31, 2024; divestiture to focus on other business opportunities.","FVTI to provide DaXing financial records and 60-day post-closing assistance."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-001850","json":"https://secwatch.observer/filing/0001493152-25-001850.json","markdown":"https://secwatch.observer/filing/0001493152-25-001850.md","text":"https://secwatch.observer/filing/0001493152-25-001850.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/0001493152-25-001850-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T03:25:50.112692+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":"140c42d98c4a77918a1e7f9f698b8f41ae873c6a","claim":"Fortune Valley Treasures, Inc. completed a disposition involving Lin Yumin for $250,000 (closed 2024-12-31).","evidence_excerpt":"Group Limited, a Seychelles corporation, including all of its subsidiaries (collectively, “DaXing” ). The purchase price under the DaXing SPA for 100% ownership of DaXing is $250,000, payable by Purchaser by delivery of a $250,000 principal amount promissory note (the “Lin Note” ). The Lin Note bears interest at eight percent (8%) per annum, with principal and","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/0001493152-25-001850-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Lin Yumin"},{"label":"Consideration","value":"$250,000"},{"label":"Closing","value":"2024-12-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}