Mangoceuticals files lawsuit seeking >$73M against Clarity Ventures; CEO options repriced to $0.45

MANGOCEUTICALS, INC.

Filed lawsuit in Texas state court against Clarity Ventures seeking damages exceeding $73M for failure to deliver HIPAA-compliant ERP/eCommerce platform.
Clarity denies allegations and asserts counterclaims for unpaid invoices; company states all binding payments were made in full.
CEO Jacob Cohen's options repriced: 50,000 at $16.50, 83,333 at $4.80, 2,000,000 at $2.30 → new exercise price $0.45 per share effective March 16, 2026.
Company independently developed and deployed a new proprietary telehealth platform that does not rely on Clarity’s technology.

item 5.02 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001493152-26-010526
form_type: 8-K
ticker: MGRX
cik: 0001938046
company_name: MANGOCEUTICALS, INC.
filed_at: 2026-03-17T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.826833+00:00
generated_at: 2026-05-15T11:00:46.121362+00:00
sec_items: ["5.02", "7.01", "9.01"]
event_type: litigation
sentiment: negative
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001493152-26-010526
json_url: https://secwatch.observer/filing/0001493152-26-010526.json
markdown_url: https://secwatch.observer/filing/0001493152-26-010526.md
text_url: https://secwatch.observer/filing/0001493152-26-010526.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1938046/000149315226010526/0001493152-26-010526-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1938046/000149315226010526/form8-k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Comparable filings

GPRO

GoPro wins patent case; court vacates $8.2M award, finds all claims invalid

GoPro, Inc. May 18, 2026, 6:50 AM ET litigation Items 7.01, 8.01, 9.01

same SEC item: 7.01, 9.01 same event type: litigation similar materiality

Filing page SEC filing

CAPR

Capricor sues Nippon Shinyaku over failed Deramiocel launch preparations; seeks agreement rescission

CAPRICOR THERAPEUTICS, INC. May 7, 2026, 7:59 PM ET litigation Items 7.01, 8.01, 9.01

same SEC item: 7.01, 9.01 same event type: litigation similar materiality

Filing page SEC filing

AGAE

Allied Gaming settles litigation with Knighted for ~$5.94M paid over 3 months; CEO Li personally guarantees payment

Allied Gaming & Entertainment Inc. April 21, 2026, 7:59 PM ET litigation Items 1.01, 5.02, 8.01, 9.01

same SEC item: 5.02, 9.01 same event type: litigation similar materiality

Filing page SEC filing

FJET

Starfighters Space sued by former CEO Svetkoff alleging $26M+ damages; company denies, cites unauthorized transfers

Starfighters Space, Inc. April 13, 2026, 7:59 PM ET litigation Items 7.01, 9.01

same SEC item: 7.01, 9.01 same event type: litigation similar materiality

Filing page SEC filing

SGHT

Sight Sciences secures court order preserving willful-infringement verdict against Alcon; $34M award plus royalties

Sight Sciences, Inc. March 30, 2026, 7:59 PM ET litigation Items 7.01, 9.01

same SEC item: 7.01, 9.01 same event type: litigation similar materiality

Filing page SEC filing

BUR

Second Circuit reverses YPF judgment; Burford expects material write-down in Q1 2026

Burford Capital Ltd March 27, 2026, 7:59 PM ET litigation Items 7.01, 9.01

same SEC item: 7.01, 9.01 same event type: litigation similar materiality

Filing page SEC filing

APUS

Apimeds faces hostile takeover attempt by Inscobee; company says consent void, files emergency action

Apimeds Pharmaceuticals US, Inc. March 26, 2026, 7:59 PM ET litigation Items 5.02, 5.03, 8.01, 9.01

same SEC item: 5.02, 9.01 same event type: litigation similar materiality

Filing page SEC filing

SMCI

Super Micro: three indicted for export violations; board member resigns, appoints acting CCO

Super Micro Computer, Inc. March 20, 2026, 7:59 PM ET litigation Items 5.02, 9.01

same SEC item: 5.02, 9.01 same event type: litigation similar materiality

Filing page SEC filing

Source: SEC EDGAR

accession 0001493152-26-010526

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.