secwatch.observer — SEC 8-K summary
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Issuer:     Snail, Inc. (SNAL)
CIK:        0001886894
Form:       8-K
Filed at:   2026-08-11T21:20:32+00:00
Accession:  0001493152-26-037190
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Snail enters $1.1M related-party agreements with Suzhou Snail for SaltyTV and game testing
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- Short Drama Production Business Agreement for SaltyTV: $864,000 total, four quarterly installments of $216,000 starting Sept 30, 2026.
- Game Testing Service Agreement: $252,000 total, four quarterly installments of $63,000; both cover Aug 1, 2026-Jul 31, 2027.
- Related parties: CEO Hai Shi is founder/chair/former CEO of Suzhou Snail; director Ying Zhou (Shi's spouse) is VP/director there.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226037190/0001493152-26-037190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226037190/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037190

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer