{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-26-004313","form_type":"8-K/A","ticker":"CXDO","cik":"0001075736","company_name":"Crexendo, Inc.","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.916293+00:00","generated_at":"2026-05-14T23:49:12.758695+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Crexendo completes $34.7M acquisition of Estech Systems; pro forma revenue $93.7M","bullets":["Purchase price: $27.3M cash + 1,159,638 shares at $6.41 each; total $34.7M.","ESI FY 2025 revenue $26.1M, net income $3.059M; Crexendo standalone revenue $68.2M.","Pro forma combined net income $2.533M, diluted EPS $0.08 vs Crexendo standalone $0.17.","$5.3M goodwill, $23.4M intangible assets recorded (customer relationships $22.3M, trademarks $1.1M).","Lock-up: 50% shares salable after 6 months, remaining after 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-004313","json":"https://secwatch.observer/filing/0001654954-26-004313.json","markdown":"https://secwatch.observer/filing/0001654954-26-004313.md","text":"https://secwatch.observer/filing/0001654954-26-004313.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075736/000165495426004313/0001654954-26-004313-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075736/000165495426004313/cxdo_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:49:12.758695+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"}