{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-003436","form_type":"8-K","ticker":"NRDE","cik":"0001759546","company_name":"NU RIDE INC.","filed_at":"2026-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.097535+00:00","generated_at":"2026-05-16T08:27:57.143274+00:00","sec_items":["1.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Nu Ride loans $5.5M for Florida billboard assets; also discloses $2.125M prior loan","bullets":["Loan of $5.5M (of $7.5M total) to Foxpoint Florida II, LLC at 15% interest, due Jan 2029, secured by assets and equity pledge.","Company receives ~29.3% equity stake in borrower, reducible to 20% if repaid within 1 year or 30% if within 2 years.","Also discloses Dec 30, 2025 loan of $2.125M to Foxpoint Florida, LLC on same terms with 40% equity stake.","Loans finance acquisition of billboard leasehold assets including structures and permits in Florida."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-003436","json":"https://secwatch.observer/filing/0001493152-26-003436.json","markdown":"https://secwatch.observer/filing/0001493152-26-003436.md","text":"https://secwatch.observer/filing/0001493152-26-003436.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226003436/0001493152-26-003436-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226003436/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:27:57.143274+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":"9c428e0db35c3dc1ced7d6795e389fa5f17639f1","claim":"NU RIDE INC. entered into Loan and Security Agreement with Foxpoint Florida II, LLC valued at $5,500,000 loan to Borrower, 15% interest, maturity 2029-01-23, and equity interests of approximatel (effective 2026-01-23).","evidence_excerpt":"On January 23, 2026, Nu Ride Inc. (the “ Company ”) entered into a Loan and Security Agreement with Foxpoint Florida II, LLC (“ Borrower ”) and certain other lenders party thereto (the “ LSA ”), pursuant to which the Company loaned Borrower $5.5 million (out of aggregate loan proceeds of $7.5 million) to finance the acquisition by Borrower of certain billboard leasehold assets, including structures and permits, in Florida (the “ Loan ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226003436/0001493152-26-003436-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Foxpoint Florida II, LLC"},{"label":"Value","value":"$5,500,000 loan to Borrower, 15% interest, maturity 2029-01-23, and equity interests of approximatel"},{"label":"Effective","value":"2026-01-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}