{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-008767","form_type":"8-K/A","ticker":"LGCY","cik":"0001836754","company_name":"Legacy Education Inc.","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.180037+00:00","generated_at":"2026-05-25T20:28:39.250376+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Legacy Education acquires CCMCC; audited financials show revenue down, net income plunged 79% in 2023","bullets":["CCMCC revenue $6.96M in 2023 vs $7.47M in 2022; net income $313.8K vs $1.49M (YoY drop of ~79%).","2023 and 2022 financials restated due to revenue recognition errors, increasing 2023 net income and decreasing 2022 net income.","Total assets $13.4M, liabilities $10.9M at Dec 31, 2023; acquisition closed Dec 18, 2024 for substantially all assets.","Pro forma financial information for nine months ended Sep 30, 2024 and year ended Jun 30, 2024 filed as Exhibit 99.3."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-008767","json":"https://secwatch.observer/filing/0001493152-25-008767.json","markdown":"https://secwatch.observer/filing/0001493152-25-008767.md","text":"https://secwatch.observer/filing/0001493152-25-008767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1836754/000149315225008767/0001493152-25-008767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1836754/000149315225008767/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T20:28:39.250376+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"}