{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-001259","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2024-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.078974+00:00","generated_at":"2026-06-07T00:19:05.800180+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"JanOne repurchases warrant for 899,348 shares from Armistice Capital for $250,000","bullets":["Warrant originally issued Aug 2023; exercise price $0.7561 per share.","Purchase price of $250,000: $200,000 paid at closing, $50,000 due within 60 days.","If $50,000 not paid on time, JanOne confesses judgment and waives process.","Transaction reduces potential dilution from 899,348 common shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-001259","json":"https://secwatch.observer/filing/0001628280-24-001259.json","markdown":"https://secwatch.observer/filing/0001628280-24-001259.md","text":"https://secwatch.observer/filing/0001628280-24-001259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000162828024001259/0001628280-24-001259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000162828024001259/jan-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:19:05.800180+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":"5cf50b0a2745c8244d6cc06c436781938ddb0430","claim":"AI Financial Corp entered into Purchase Agreement with a certain institutional investor valued at an aggregate price of $250,000 (effective 2024-01-12).","evidence_excerpt":"On January 12, 2024, JanOne Inc. (the “ Company ”) entered into a Warrant Purchase Agreement (the “ Purchase Agreement ”) with a certain institutional investor (the “ Investor ”) that had purchased a Common Stock Purchase Warrant (the “Warrant”) on August 22, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024001259/0001628280-24-001259-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"a certain institutional investor"},{"label":"Value","value":"an aggregate price of $250,000"},{"label":"Effective","value":"2024-01-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}