{"schema_version":"secwatch.filing_event.v1","accession":"0001520138-22-000266","form_type":"8-K","ticker":"AXIL","cik":"0001718500","company_name":"Axil Brands, Inc.","filed_at":"2022-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.983270+00:00","generated_at":"2026-06-25T00:02:57.909148+00:00","sec_items":["2.01","3.02","3.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Reviv3 completes acquisition of substantially all assets of AXIL & Associated Brands for $32.3M in stock","bullets":["Purchase price: 73.2M common shares and 250M non-voting Series A Preferred shares, aggregate value $32.3M.","Valuation reflects 25.9% discount to average closing price over 22-day period ended April 29, 2022.","Preferred shares cannot be converted or transferred for two years; conversion capped at 5% ownership thereafter.","Intrepid Global Advisors, whose managing director is CEO Jeff Toghraie, holds 22.33% of Reviv3 common stock.","Acquisition excludes Axil's hearing aid line of business; Axil continues to operate that segment."],"urls":{"canonical":"https://secwatch.observer/filing/0001520138-22-000266","json":"https://secwatch.observer/filing/0001520138-22-000266.json","markdown":"https://secwatch.observer/filing/0001520138-22-000266.md","text":"https://secwatch.observer/filing/0001520138-22-000266.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718500/000152013822000266/0001520138-22-000266-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718500/000152013822000266/rviv-20220616_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T00:02:57.909148+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"}