{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-002913","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.887254+00:00","generated_at":"2026-05-24T20:15:18.899815+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Xcel Brands shareholders approve reverse stock split and authorized share reduction","bullets":["Reverse stock split approved at ratio of 1-for-2 to 1-for-10, ratio to be set by Board Chairman.","Authorized shares decreased from 51M to 16M total; common stock authorized shares cut from 50M to 15M.","All three proposals passed with overwhelming margins; reverse split had 15,214,948 votes for, 76,468 against.","Special meeting held March 12, 2025; 15.3M of 23.7M outstanding shares voted, constituting a quorum."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-002913","json":"https://secwatch.observer/filing/0001558370-25-002913.json","markdown":"https://secwatch.observer/filing/0001558370-25-002913.md","text":"https://secwatch.observer/filing/0001558370-25-002913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837025002913/0001558370-25-002913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837025002913/xelb-20250312x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T20:15:18.899815+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"}