---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-008046"
form_type: "8-K"
ticker: "UMAC"
cik: "0001956955"
company_name: "Unusual Machines, Inc."
filed_at: "2026-10-23T20:14:34+00:00"
generated_at: "2026-10-23T20:15:05.269879+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Unusual Machines closes Upgrade Energy buy: $25M stock, $1M cash, up to $52M with earn-out

## Summary
- Issued Matthew Barnard 1,792,012 UMAC shares valued at ~$25.0M ($13.9508/share) plus $1.0M cash at closing, funded from cash on hand.
- Earn-out of up to $26.0M cash if Upgrade Energy revenue exceeds $10.0M in the first calculation period; total consideration capped at $52.0M.
- Barnard named CEO of Upgrade Energy under a two-year employment deal: $300,000 base salary, six months' severance on qualifying termination.
- Upgrade Energy makes drone batteries/power systems at an 18,500-sq-ft Torrance, CA facility; UMAC plans battery pack operations in Orlando, FL.
- Registration Rights Agreement requires an S-3 (or S-1) resale registration filing within 30 days of closing, effective within 60 days if SEC-reviewed.

## SEC filing metadata
- accession: 0001683168-26-008046
- form_type: 8-K
- ticker: UMAC
- cik: 0001956955
- company_name: Unusual Machines, Inc.
- filed_at: 2026-10-23T20:14:34+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1956955/000168316826008046/0001683168-26-008046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956955/000168316826008046/umac_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-008046
- JSON: https://secwatch.observer/filing/0001683168-26-008046.json
- Plain text: https://secwatch.observer/filing/0001683168-26-008046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.