{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-004210","form_type":"8-K","ticker":"PRPH","cik":"0000868278","company_name":"ProPhase Labs, Inc.","filed_at":"2025-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.559209+00:00","generated_at":"2026-05-27T06:13:02.609702+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ProPhase Labs enters $7.73M equity line with Keystone Capital; issues 352,176 commitment shares","bullets":["Up to $7,730,973 of common stock may be sold to Keystone Capital at 90% of lowest traded price or VWAP.","Commitment fee: 352,176 shares issued to investor as consideration for the purchase commitment.","Use of proceeds: working capital and general corporate purposes; 30% to redeem preferred stock if issued.","Each fixed purchase limited to lower of 100,000 shares or $100,000; VWAP purchases capped at $5M aggregate.","Investor prohibited from short sales or hedging during term; company retains termination right upon one day notice."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-004210","json":"https://secwatch.observer/filing/0001493152-25-004210.json","markdown":"https://secwatch.observer/filing/0001493152-25-004210.md","text":"https://secwatch.observer/filing/0001493152-25-004210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/868278/000149315225004210/0001493152-25-004210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/868278/000149315225004210/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T06:13:02.609702+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"}