{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-002383","form_type":"8-K","ticker":"ACCS","cik":"0000843006","company_name":"ACCESS Newswire Inc.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.495668+00:00","generated_at":"2026-05-25T08:21:46.455350+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ACCESS Newswire sells compliance assets for $12.5M, cuts debt $12M","bullets":["Sold certain compliance assets to Equiniti Trust Company for $12.5M cash; $500k holdback for 12-month indemnification.","Used $12M of proceeds to repay term loan, reducing principal from $15.33M to $3.33M; monthly payments cut from $333k to $72.5k.","Pro forma continuing ops 9M 2024: revenue $17.2M (as-reported $21.6M), net loss $2.336M (total net loss $0.598M).","Sold assets include disclosure software, stock transfer, annual meeting, virtual meeting services (excluding related IP).","Pinnacle credit agreement amended with lower line-of-credit limits tied to leverage ratio and revised financial covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-002383","json":"https://secwatch.observer/filing/0001654954-25-002383.json","markdown":"https://secwatch.observer/filing/0001654954-25-002383.md","text":"https://secwatch.observer/filing/0001654954-25-002383.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/843006/000165495425002383/0001654954-25-002383-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/843006/000165495425002383/isdr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T08:21:46.455350+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":"7da97659b322bd92d5d2cbb38be2acacbaadb033","claim":"ACCESS Newswire Inc. completed a disposition involving Equiniti Trust Company, LLC for $12,500,000 in cash (closed 2025-02-28).","evidence_excerpt":"includes certain accounts payable, accrued liabilities and deferred revenue. The transaction also closed on February 28, 2025. The purchase price for the Purchased Assets is $12,500,000 in cash, subject to adjustment as set forth in the Purchase Agreement, with $12,000,000 of the purchase price being paid to the Sellers at closing and $500,000 being retained by","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/843006/000165495425002383/0001654954-25-002383-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Equiniti Trust Company, LLC"},{"label":"Consideration","value":"$12,500,000 in cash"},{"label":"Closing","value":"2025-02-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}