{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-018994","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.833361+00:00","generated_at":"2026-05-15T04:20:41.131023+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"ALT5 Sigma acquires Block Street Corp. and Dectec; issues stock and pre-funded warrants","bullets":["Acquired Block Street for 12,670,257 common shares valued at $12M plus $15M and $16M pre-funded warrants with performance milestones.","Also signed binding LOI to acquire Dectec; initial issuance of 4M shares, up to 4M additional based on gross profit targets.","Block Street warrants vest upon achieving $20M net revenue (Set One) or $8M Modified Operating Income (Set Two) over four quarters.","Issued shares and warrant shares subject to 24-month lock-up with phased releases; leak-out limits set at 10% of trailing 20-day volume.","Employment agreements entered with Block Street's Derek Peterson and Matthew Morgan."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-018994","json":"https://secwatch.observer/filing/0001493152-26-018994.json","markdown":"https://secwatch.observer/filing/0001493152-26-018994.md","text":"https://secwatch.observer/filing/0001493152-26-018994.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000149315226018994/0001493152-26-018994-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000149315226018994/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:20:41.131023+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"}