{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-013118","form_type":"8-K","ticker":null,"cik":"0001014111","company_name":"GlassBridge Enterprises, Inc.","filed_at":"2025-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.150951+00:00","generated_at":"2026-05-20T03:53:59.958403+00:00","sec_items":["2.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glassbridge sells home equity assets for $23.4M, net cash $18.8M","bullets":["On May 23, 2025, GB sold home equity interest option assets as part of a securitization.","Gross proceeds from the sale were approximately $23,400,000.","After expenses and reinvestment in securitization securities, net cash proceeds were approximately $18,800,000.","The assets were originally committed under a $100M agreement with Point Digital Finance, Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-013118","json":"https://secwatch.observer/filing/0001641172-25-013118.json","markdown":"https://secwatch.observer/filing/0001641172-25-013118.md","text":"https://secwatch.observer/filing/0001641172-25-013118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1014111/000164117225013118/0001641172-25-013118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1014111/000164117225013118/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T03:53:59.958403+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":"8fd9d08a1308862fd3d1438d5f032358c7bba079","claim":"GlassBridge Enterprises, Inc. completed a disposition involving Point Digital Finance, Inc. for $23,400,000 (closed 2025-05-23).","evidence_excerpt":"On May 23, 2025, in connection with a securitization transaction of the master titling trust, GB sold home equity interest option assets for proceeds of approximately $23,400,000.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014111/000164117225013118/0001641172-25-013118-index.htm","confidence":0.7,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Point Digital Finance, Inc."},{"label":"Consideration","value":"$23,400,000"},{"label":"Closing","value":"2025-05-23"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}