{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-013823","form_type":"8-K","ticker":"CNTN","cik":"0001861657","company_name":"Canton Strategic Holdings, Inc.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.596182+00:00","generated_at":"2026-05-15T08:14:15.015503+00:00","sec_items":["8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Canton Strategic Holdings reports FY2025 net loss of $35.9M, holds $501.8M in Canton Coin","bullets":["Net loss of $35.9M ($1.12 per diluted share); accumulated deficit $72.8M; no revenue recognized.","Held 3.34B CC at fair value $501.8M; $17M cash; recorded $22M unrealized loss on digital assets.","Operating expenses rose to $20.1M from $12.4M, driven by digital asset transition and $6M non-recurring comp.","Milestones: $545M private placement (Nov 2025), Super Validator approval, $55M offering in early 2026.","Appointed Mark Wendland CEO/Chairman; added ex-CFTC commissioner Jill Sommers and William Wiley to board."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-013823","json":"https://secwatch.observer/filing/0001493152-26-013823.json","markdown":"https://secwatch.observer/filing/0001493152-26-013823.md","text":"https://secwatch.observer/filing/0001493152-26-013823.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1861657/000149315226013823/0001493152-26-013823-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1861657/000149315226013823/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:14:15.015503+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"}