{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003611","form_type":"8-K/A","ticker":null,"cik":"0001508786","company_name":"SILVERTON ENERGY, INC.","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.739426+00:00","generated_at":"2026-06-01T15:28:55.706823+00:00","sec_items":["1.01","2.01","5.06","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Silverton Energy acquires Oklahoma oil & gas leases; $81M AHIC deal and $3.5M Agrawal deal","bullets":["Executed two acquisition agreements on May 1, 2024: AHIC Assets ($81M) and Agrawal Assets ($3.5M).","AHIC purchase price paid via $81M, 20-year, non-interest bearing promissory note secured by assets due May 1, 2044.","Agrawal purchase price paid via $3.5M convertible note convertible into Class A common stock at market value within 13 months.","AHIC note includes credit: for each $15M institutional investment, $3M credited; default allows foreclosure or conversion to preferred stock.","Assets held in escrow until full payment; Agrawal assets require $150,000 improvement payment within six months."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003611","json":"https://secwatch.observer/filing/0001683168-24-003611.json","markdown":"https://secwatch.observer/filing/0001683168-24-003611.md","text":"https://secwatch.observer/filing/0001683168-24-003611.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/silverton_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T15:28:55.706823+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":"1bf1152f4ee36ca8a0af461d689dbc8d61547e49","claim":"SILVERTON ENERGY, INC.: Company ceased being a shell company; OTC Markets removed shell company status (effective 2024-04-10).","evidence_excerpt":"As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2024-04-10"}]},{"claim_id":"8bf79a7e699646a426bedde6a7c3fecf4fb02555","claim":"SILVERTON ENERGY, INC. completed an acquisition involving Kris Agrawal and Kris k. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC for $3,500,000.00 (closed 2024-05-01).","evidence_excerpt":"this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","confidence":0.7,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Kris Agrawal and Kris k. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC"},{"label":"Consideration","value":"$3,500,000.00"},{"label":"Closing","value":"2024-05-01"}]},{"claim_id":"f5c4f76fc755cf74ecedc523ae23b04e948b939a","claim":"SILVERTON ENERGY, INC. completed an acquisition involving American Heritage Investment Capital, L.P. for $81,000,000, 20-year, non-interest bearing Promissory Note (closed 2024-05-01).","evidence_excerpt":"nd American Heritage Investment Capital, L.P. (“AHIC”) , dated May 01, 2024, with the Company as Buyer and AHIC, as Seller","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","confidence":0.7,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"American Heritage Investment Capital, L.P."},{"label":"Consideration","value":"$81,000,000, 20-year, non-interest bearing Promissory Note"},{"label":"Closing","value":"2024-05-01"}]},{"claim_id":"58d891dbe16bfa642a1b3c01a63f3301127f6c5e","claim":"SILVERTON ENERGY, INC. entered into AHIC Acquisition Agreement with American Heritage Investment Capital, LP valued at $52,000,000 (effective 2024-05-01).","evidence_excerpt":"On May 01, 2024, the Company executed acquisitions through two acquisition agreements “Acquisition Agreement” between the Company as the Buyer, and American Heritage Investment Capital, LP. (“AHIC”), (the “AHIC Acquisition Agreement”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"American Heritage Investment Capital, LP"},{"label":"Value","value":"$52,000,000"},{"label":"Effective","value":"2024-05-01"}]},{"claim_id":"ec29ddea072dac669c90df375d96871456f60b6e","claim":"SILVERTON ENERGY, INC. entered into Agrawal Acquisition Agreement with Kris Agrawal, Kris k. Agrawal, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC valued at $3,500,000 (effective 2024-04-04).","evidence_excerpt":"On May 01, 2024, the Company entered into an “Acquisition Agreement” between AHIC and SLTN, as the “Buyer” and Kris Agrawal and Kris k. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC, as the “Seller” (the Agrawal Acquisition Agreement”), with an effective date of April 04, 2024","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Kris Agrawal, Kris k. 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As a result, the Company is no longer a shell company.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"On May 28, 2026, the Company filed Articles Supplementary with the Maryland State Department of Assessments and Taxation to designate 1,000,000 shares of the Company’s authorized preferred stock as shares of Series C Convertible Preferred Stock","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1533615/000110465926069515/0001104659-26-069515-index.htm"}},{"accession":"0001193125-26-249151","ticker":"GIG","company_name":"GigCapital7 Corp.","filed_at":"2026-05-29T23:45:19+00:00","headline":"Hadron Energy closes SPAC merger with GigCapital7; 84% of public shares redeemed","event_type":"m_and_a","sec_items":["2.01","3.02","5.02","9.01","3.03","4.01","5.01","5.03","5.06","8.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: governance_change, ma_transaction","same SEC item: 2.01, 5.06, 8.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-249151","json":"https://secwatch.observer/filing/0001193125-26-249151.json","markdown":"https://secwatch.observer/filing/0001193125-26-249151.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2023730/000119312526249151/0001193125-26-249151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2023730/000119312526249151/d26249d8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"As a result of the Business Combination, the Company ceased being a shell company.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2023730/000119312526249151/0001193125-26-249151-index.htm"}},{"accession":"0001213900-26-061792","ticker":"OLOX","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2026-05-28T12:30:18+00:00","headline":"Olenox acquires CS Digital for $30M upfront; launches gas-powered data center platform","event_type":"m_and_a","sec_items":["1.01","5.03","2.01","2.03","3.02","7.01","8.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: governance_change, ma_transaction","same SEC item: 1.01, 2.01, 8.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-061792","json":"https://secwatch.observer/filing/0001213900-26-061792.json","markdown":"https://secwatch.observer/filing/0001213900-26-061792.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026061792/0001213900-26-061792-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026061792/ea0292420-8k_olenox.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"On May 26, 2026, in connection with the closing of the Acquisition, the Company filed a Certificate of Designation of Series D Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges and restrictions of the Series D Preferred Stock.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026061792/0001213900-26-061792-index.htm"}},{"accession":"0001738827-26-000023","ticker":"KLXE","company_name":"KLX Energy Services Holdings, Inc.","filed_at":"2026-06-02T21:14:16+00:00","headline":"KLX Energy acquires Wolfpack assets for $17M; also exchanges $2.19M notes for equity","event_type":"m_and_a","sec_items":["1.01","2.01","3.02","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction, material_agreement","same SEC item: 1.01, 2.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001738827-26-000023","json":"https://secwatch.observer/filing/0001738827-26-000023.json","markdown":"https://secwatch.observer/filing/0001738827-26-000023.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/0001738827-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/klxe-20260602.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting\ntitle to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment\nof which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common\nStock, at its “market value” per share “at the moment of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"“Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”). The purchase price for the Acquisition is $17.0 million, subject to customary post-closing adjustments and to be paid as follows: (i) on the Closing Date, the Buyer paid the Seller $14.0 million in cash; (ii) 180 days after the","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/0001738827-26-000023-index.htm"}},{"accession":"0001158172-26-000042","ticker":"SCOR","company_name":"COMSCORE, INC.","filed_at":"2026-06-02T21:12:38+00:00","headline":"comScore sells Movies Business for $70M cash to Advaya Capital affiliate; repays $40.1M debt","event_type":"m_and_a","sec_items":["1.01","1.02","2.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: ma_transaction, material_agreement","same SEC item: 1.01, 2.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001158172-26-000042","json":"https://secwatch.observer/filing/0001158172-26-000042.json","markdown":"https://secwatch.observer/filing/0001158172-26-000042.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158172/000115817226000042/0001158172-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158172/000115817226000042/scor-20260527.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting\ntitle to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment\nof which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common\nStock, at its “market value” per share “at the moment of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"the Company sold its box office measurement, reporting and analytics business and its Hollywood Software business (collectively, the \"Movies Business\"), including 100% of the interests of Rentrak, LLC (\"Rentrak\"), an Oregon limited liability company and wholly owned subsidiary of the Company, to the Purchaser for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms as more fully set forth in the Purchase Agreement (the \"Transaction\"). The Transaction was completed simultaneously with the signing of the Purchase Agreement on May 27, 2026 (the \"Closing Date\").","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1158172/000115817226000042/0001158172-26-000042-index.htm"}},{"accession":"0000107140-26-000034","ticker":"WLY","company_name":"JOHN WILEY & SONS, INC.","filed_at":"2026-06-02T12:30:39+00:00","headline":"Wiley acquires Emerald Publishing for $452M; adds ~500 journals, expected accretive in year one","event_type":"m_and_a","sec_items":["1.01","2.01","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction, material_agreement","same SEC item: 1.01, 2.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000107140-26-000034","json":"https://secwatch.observer/filing/0000107140-26-000034.json","markdown":"https://secwatch.observer/filing/0000107140-26-000034.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/jwa-20260601.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting\ntitle to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment\nof which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common\nStock, at its “market value” per share “at the moment of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"pursuant to which Buyer acquired from the Seller all of the issued and outstanding equity securities of Emerald Holding (the \"Transaction\") in exchange for GBP £337.5 million (approximately $452 million)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm"}},{"accession":"0001213900-26-063775","ticker":"ESAB","company_name":"ESAB Corp","filed_at":"2026-06-02T10:41:21+00:00","headline":"ESAB completes $1.45B acquisition of Eddyfi Technologies","event_type":"m_and_a","sec_items":["2.01","3.02","5.03","3.03","7.01","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: governance_change, ma_transaction","same SEC item: 2.01, 8.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-063775","json":"https://secwatch.observer/filing/0001213900-26-063775.json","markdown":"https://secwatch.observer/filing/0001213900-26-063775.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877322/000121390026063775/0001213900-26-063775-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877322/000121390026063775/ea0292710-8k_esab.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"On June 1, 2026, the Company filed the Certificate of Designations with the Delaware Secretary of State to establish the preferences, limitations and relative rights of its 6.50% Series A Mandatory Convertible Preferred Stock (the “ Series A Mandatory Convertible Preferred Stock ”), which became effective upon filing.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1877322/000121390026063775/0001213900-26-063775-index.htm"}},{"accession":"0001193125-26-251442","ticker":"RPAY","company_name":"Repay Holdings Corp","filed_at":"2026-06-01T20:14:04+00:00","headline":"REPAY closes $372M acquisition of KUBRA, funded with new $500M term loan","event_type":"m_and_a","sec_items":["1.01","2.01","1.02","9.01","2.03","7.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction, material_agreement","same SEC item: 1.01, 2.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251442","json":"https://secwatch.observer/filing/0001193125-26-251442.json","markdown":"https://secwatch.observer/filing/0001193125-26-251442.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/0001193125-26-251442-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/rpay-20260601.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting\ntitle to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment\nof which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common\nStock, at its “market value” per share “at the moment of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm","comparable_excerpt":"KUBRA became an indirect wholly owned subsidiary of the Company. Pursuant to the Purchase Agreement, the aggregate cash purchase price for the Acquisition was approximately $372 million, subject to customary post-closing adjustments. The closing cash consideration was funded with a combination of cash on hand and borrowings under the Credit Agreement described","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/0001193125-26-251442-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}