{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-004405","form_type":"8-K","ticker":null,"cik":"0001761510","company_name":"TILT Holdings Inc.","filed_at":"2025-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.622861+00:00","generated_at":"2026-05-23T22:43:14.747417+00:00","sec_items":["2.04","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TILT Holdings receives default notices from IIP for $4.13M in unpaid rent; obtains forbearance","bullets":["Received default notices from IIP subsidiaries for two properties; unpaid rent totals ~$4.13M.","Deadline to cure defaults was April 4, 2025; landlord threatened lease termination and legal proceedings.","Company made April rent payments and received forbearance from termination and eviction.","Negotiations ongoing to resolve outstanding amounts and secure favorable terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-004405","json":"https://secwatch.observer/filing/0001558370-25-004405.json","markdown":"https://secwatch.observer/filing/0001558370-25-004405.md","text":"https://secwatch.observer/filing/0001558370-25-004405.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761510/000155837025004405/0001558370-25-004405-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761510/000155837025004405/tilt-20250328x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T22:43:14.747417+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":[{"claim_id":"3053cba8cb678ef4af753857a71449cf122c2c09","claim":"TILT Holdings Inc. reported a default on lease obligation of $2,996,786.42 with IIP-MA 8 LLC.","evidence_excerpt":"(the “Company”) received notices of default from IIP-PA 9 LLC and IIP-MA 8 LLC, the landlords for properties located at 411 Susquehanna Street, White Haven, PA, and 30 Mozzone Street, Taunton, MA, respectively, and each subsidiaries of Innovative Industrial Properties Inc (collectively, the “Landlord”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1761510/000155837025004405/0001558370-25-004405-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"lease obligation"},{"label":"Principal","value":"$2,996,786.42"},{"label":"Counterparty","value":"IIP-MA 8 LLC"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"},{"claim_id":"7537f1a41beb9fc4eba230ed1ecc746776622bdc","claim":"TILT Holdings Inc. reported a default on lease obligation of $1,130,592.57 with IIP-PA 9 LLC.","evidence_excerpt":"(the “Company”) received notices of default from IIP-PA 9 LLC and IIP-MA 8 LLC, the landlords for properties located at 411 Susquehanna Street, White Haven, PA, and 30 Mozzone Street, Taunton, MA, respectively, and each subsidiaries of Innovative Industrial Properties Inc (collectively, the “Landlord”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1761510/000155837025004405/0001558370-25-004405-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"lease obligation"},{"label":"Principal","value":"$1,130,592.57"},{"label":"Counterparty","value":"IIP-PA 9 LLC"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}