{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-027277","form_type":"8-K","ticker":"NRDE","cik":"0001759546","company_name":"NU RIDE INC.","filed_at":"2026-06-04T20:30:34+00:00","discovered_at":"2026-06-04T20:32:00.201176+00:00","generated_at":"2026-06-04T21:03:50.331596+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Nu Ride to acquire Affinity Advisory for ~$9.6M in cash, stock, and earnout","bullets":["Total consideration of ~$9.6M includes $6.72M cash, 80,000 Class A shares, plus earnout up to $1.312M; closing expected in Q3 2026.","Affinity generated over $3.5M revenue (12 months ended March 31, 2026); nationwide network across 700+ cities.","Robert Hall will continue as CEO of subsidiary; new employment agreement with $125K base salary and equity bonuses.","Transaction structured via subsidiary Affinity Advisory Holding Corp., with Sellers retaining 15% ownership.","Share issuance is unregistered, exempt under Section 4(a)(2) and Regulation D."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-027277","json":"https://secwatch.observer/filing/0001493152-26-027277.json","markdown":"https://secwatch.observer/filing/0001493152-26-027277.md","text":"https://secwatch.observer/filing/0001493152-26-027277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T21:03:50.331596+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":"043a8945702f0c51988076796d497c79d8c80e75","claim":"NU RIDE INC. entered into Membership Interest Purchase Agreement with Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall valued at $6,720,000 (effective 2026-06-02).","evidence_excerpt":"On June 2, 2026 (the “Signing Date”), Affinity Advisory Holdings Corp., a Delaware corporation (the “Buyer”) and a wholly-owned subsidiary of Nu Ride Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC (together, “Affinity”), HIH M MFTG Trust and The Hall Companies Corporate Ohio Legacy Trust (the “Sellers”), and Robert Hall pursuant to which the Buyer agreed to acquire 100% of the issued and outstanding membership interests of Affinity from the Sellers.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall"},{"label":"Value","value":"$6,720,000"},{"label":"Effective","value":"2026-06-02"}],"fact_type":"material_agreement"},{"claim_id":"a1de1f0728ee3c8ff00d39a585ebf4f9c9926cec","claim":"NU RIDE INC. entered into Stockholders Agreement with the Buyer, the Company, and the Sellers (Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall) (effective 2026-06-02).","evidence_excerpt":"On the Signing Date, the Buyer, the Company and the Sellers also agreed to a Stockholders Agreement (the “Stockholders Agreement”) to be entered into at closing of the transaction, governing the ongoing governance and ownership of the Buyer following the closing of the acquisition.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"the Buyer, the Company, and the Sellers (Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall)"},{"label":"Effective","value":"2026-06-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}