{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-009472","form_type":"8-K","ticker":"LIVE","cik":"0001045742","company_name":"LIVE VENTURES Inc","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.789901+00:00","generated_at":"2026-05-25T16:44:23.442283+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Live Ventures cuts acquisition note to $15M from $34M; Kellogg goes part-time","bullets":["Aggregate principal of the Note reduced by $19M to $15M, treated as purchase price adjustment.","If Event of Default occurs, SJK Trust can revoke reduction, adding $19M back with interest from Jan 1, 2025.","Stephen Kellogg's title changed to Founder/VP; employment part-time at $300k/year; resigned from other offices.","Kellogg may earn $5M performance bonus if Buyer achieves ≥$10M adjusted EBITDA in any 3 fiscal years from FY2025-2030.","Employment agreement term ends Feb 25, 2028, extendable by Kellogg up to 2 yrs if Note not paid in full."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-009472","json":"https://secwatch.observer/filing/0001628280-25-009472.json","markdown":"https://secwatch.observer/filing/0001628280-25-009472.md","text":"https://secwatch.observer/filing/0001628280-25-009472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1045742/000162828025009472/0001628280-25-009472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1045742/000162828025009472/live-20250225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T16:44:23.442283+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"}