{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-021728","form_type":"8-K","ticker":null,"cik":"0000799698","company_name":"LadRx Corp","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.407293+00:00","generated_at":"2026-05-17T22:34:57.312542+00:00","sec_items":["1.03","2.04","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"LadRX Corp. enters assignment for benefit of creditors, ceases operations and liquidates","bullets":["On July 28, 2025, LadRX assigned all assets to LADRX ABC LLC as Assignee for creditor benefit.","Company ceased substantially all business operations and no longer a going concern.","All directors (Simpson, Claiborne, CEO Snowdy, CFO Caloz) resigned effective July 28, 2025.","Assignment triggered defaults making debt obligations immediately due and payable."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-021728","json":"https://secwatch.observer/filing/0001641172-25-021728.json","markdown":"https://secwatch.observer/filing/0001641172-25-021728.md","text":"https://secwatch.observer/filing/0001641172-25-021728.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/0001641172-25-021728-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:34:57.312542+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":"d7b5b8b65a1b463d6973de4e2d6faf0b4e432bfc","claim":"LadRx Corp reported a default on debt.","evidence_excerpt":"The execution of the Assignment described under Item 1.03 above constituted an event of default or otherwise triggered obligations under certain of the Company’s debt instruments and contractual obligations. As a result, all outstanding obligations under such agreements may be immediately due and payable.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/0001641172-25-021728-index.htm","confidence":0.4,"family_label":"Debt Financings","details":[{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}