{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-000619","form_type":"8-K","ticker":"OTLC","cik":"0000908259","company_name":"Oncotelic Therapeutics, Inc.","filed_at":"2026-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.003301+00:00","generated_at":"2026-05-16T11:36:31.368127+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Oncotelic lowers market cap milestone for Jefferson Capital from $100M to $45M","bullets":["Amendment reduces first milestone threshold in independent contractor agreement from $100M to $45M market cap.","Contractor Jefferson Capital Ventures eligible to earn restricted stock upon achieving new $45M milestone.","Amendment aims to facilitate progress on equity line with Mast Hills, AGP financing, and uplisting.","No other terms of the milestone or ICA were changed."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-000619","json":"https://secwatch.observer/filing/0001493152-26-000619.json","markdown":"https://secwatch.observer/filing/0001493152-26-000619.md","text":"https://secwatch.observer/filing/0001493152-26-000619.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/0001493152-26-000619-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:36:31.368127+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":"de257695aaa05cf3bc165629d6feb84423698ace","claim":"Oncotelic Therapeutics, Inc. amended ICA with Jefferson Capital Ventures, LLC (effective 2025-12-31).","evidence_excerpt":"On December 31, 2025, Oncotelic Therapeutics, Inc. (the “Company” or “Our”) entered into an amendment to an independent contractor agreements (“ICA”) with Jefferson Capital Ventures, LLC (“Jefferson”) dated August 6, 2025, for modifying the threshold of the first milestone contained within the ICA.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/0001493152-26-000619-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Jefferson Capital Ventures, LLC"},{"label":"Effective","value":"2025-12-31"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}