{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-039033","form_type":"8-K","ticker":"OTH","cik":"0002067767","company_name":"OFF THE HOOK YS INC.","filed_at":"2026-08-18T21:00:15+00:00","discovered_at":"2026-08-18T21:02:03.200792+00:00","generated_at":"2026-08-18T21:02:19.265018+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NextBoat secures $510K convertible loan from Greentree with 10% OID","bullets":["$510,000 principal, 10% OID, net proceeds ~$459,000 after $10k legal fee.","10% interest, matures Aug 14, 2028; converts at $1.785/share with reset.","Warrant for 100,000 shares at $1.785, 3-year term, down-round protection.","20,000 commitment shares issued; prepayment allowed with 15 days notice.","Qualified financing of $5M+ triggers repayment of note upon lender request."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-039033","json":"https://secwatch.observer/filing/0001493152-26-039033.json","markdown":"https://secwatch.observer/filing/0001493152-26-039033.md","text":"https://secwatch.observer/filing/0001493152-26-039033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226039033/0001493152-26-039033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067767/000149315226039033/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-18T21:02:19.265018+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"}