{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-23-000631","form_type":"8-K","ticker":null,"cik":"0001335112","company_name":"LOGIQ, INC.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.490597+00:00","generated_at":"2026-06-16T12:07:25.666521+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Logiq acquires Park Place Payments in all-stock deal valued at over $6M","bullets":["All-stock deal: 14.65M shares issued (9.77M earnout); value >$6M after milestones.","Park Place: 1,500+ account executives, $180M+ annualized volume; expects >$5M revenue and positive cash flow in 2023.","Founder/CEO Samantha Ettus stays; Logiq plans cross-selling lead gen and fintech products (insurance/lending).","Target: Park Place revenue $15M+ next year, sales force to 40,000+ account executives.","Logiq plans further M&A to add complementary brands and leverage AI-driven advertising platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-23-000631","json":"https://secwatch.observer/filing/0001575872-23-000631.json","markdown":"https://secwatch.observer/filing/0001575872-23-000631.md","text":"https://secwatch.observer/filing/0001575872-23-000631.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1335112/000157587223000631/0001575872-23-000631-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1335112/000157587223000631/lgiq-20230421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:07:25.666521+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":"483623aad0a76f020b5e71b94ccefadb82619299","claim":"LOGIQ, INC. completed an acquisition involving Park Place Payments, Inc. (closed 2023-04-25).","evidence_excerpt":"On April 25, 2023, the Company, Park Place, and the Stakeholders consummated the transactions contemplated by the Share Exchange Agreement.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1335112/000157587223000631/0001575872-23-000631-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Park Place Payments, Inc."},{"label":"Closing","value":"2023-04-25"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}