{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-027726","form_type":"8-K","ticker":"EXOD","cik":"0001821534","company_name":"Exodus Movement, Inc.","filed_at":"2026-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.007587+00:00","generated_at":"2026-05-15T03:07:02.174924+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Exodus appoints UK receiver over W3C subsidiaries after $70M loan default","bullets":["Exodus loaned $70M to W3C under a secured term facility; W3C failed to repay on-demand after April 13, 2026 declaration.","Receivers appointed over shares of Monavate Holdings, Monavate Ltd, and Baanx.com Ltd pledged as collateral.","AlixPartners partners appointed as receivers; they will conduct a sale of the subsidiaries' shares.","Exodus intends to participate as a bidder in the sale process; customers and team members see no immediate changes."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-027726","json":"https://secwatch.observer/filing/0001628280-26-027726.json","markdown":"https://secwatch.observer/filing/0001628280-26-027726.md","text":"https://secwatch.observer/filing/0001628280-26-027726.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821534/000162828026027726/0001628280-26-027726-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821534/000162828026027726/exod-20260428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:07:02.174924+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"}