{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-011911","form_type":"8-K","ticker":"CPWR","cik":"0000827099","company_name":"Ocean Thermal Energy Corp","filed_at":"2022-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.245948+00:00","generated_at":"2026-06-23T20:39:01.685132+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ocean Thermal Energy Corporation sells subsidiary OCEES International to entity controlled by CEO Jeremy Feakins","bullets":["Sale of OCEES International, Inc. to Epaphus Global Energy LLC, controlled by CEO Jeremy Feakins, for $1,000,000 in cancelled debt and $75,000/month for 12 months.","Additional consideration includes 70% of net profit from any ocean thermal energy conversion project undertaken by OCEES.","Epaphus has a unilateral right to return the subsidiary shares within one year for a full refund of the purchase price.","Transaction approved unanimously by disinterested directors of Ocean Thermal Energy Corporation."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-011911","json":"https://secwatch.observer/filing/0001654954-22-011911.json","markdown":"https://secwatch.observer/filing/0001654954-22-011911.md","text":"https://secwatch.observer/filing/0001654954-22-011911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827099/000165495422011911/0001654954-22-011911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827099/000165495422011911/cpwr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T20:39:01.685132+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"}