{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-23-000051","form_type":"8-K","ticker":"DLPN","cik":"0001282224","company_name":"Dolphin Entertainment, Inc.","filed_at":"2023-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.215649+00:00","generated_at":"2026-06-20T06:30:25.330208+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Dolphin Entertainment completes acquisition of Socialyte, files audited financials","bullets":["Acquired Socialyte for $13M plus up to $5M earn-out; paid $5M cash, 1,346,257 shares, $3M promissory note","Socialyte is a NY/LA creative agency specializing in social media influencer marketing campaigns","Filed audited Socialyte balance sheets as of Dec 2021/2022 and unaudited nine-month statements through Sep 2022","Socialyte reported net revenue of $4.6M and net income of $475k for nine months ended Sep 30, 2022","Acquisition partly financed via $3M secured term loan from BankProv at 7.37% interest over five years"],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-23-000051","json":"https://secwatch.observer/filing/0001553350-23-000051.json","markdown":"https://secwatch.observer/filing/0001553350-23-000051.md","text":"https://secwatch.observer/filing/0001553350-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282224/000155335023000051/0001553350-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282224/000155335023000051/dlpn_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T06:30:25.330208+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"}