{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-24-000013","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2024-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.843705+00:00","generated_at":"2026-06-04T01:26:23.224827+00:00","sec_items":["1.01","2.01","2.03","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Avant Technologies acquires Wired4Health assets for $2.2M in secured note and preferred stock","bullets":["Acquired full-stack software development and cloud services assets from Wired4Health for $2.2M total consideration.","Paid $1.2M via secured promissory note (24 monthly installments of $52,427, 5% interest) and $1M in Series B Convertible Preferred Stock.","Preferred Stock convertible at lesser of $1.00/share or 30-day VWAP, with 4.99% beneficial ownership cap and 25% daily volume leak-out.","Assets include agreements with Sentry Data Systems/Craneware and Respec, Inc., website, employee contracts, and goodwill.","Secured note is collateralized by acquired assets; Seller may file UCC-1 financing statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-24-000013","json":"https://secwatch.observer/filing/0001740797-24-000013.json","markdown":"https://secwatch.observer/filing/0001740797-24-000013.md","text":"https://secwatch.observer/filing/0001740797-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079724000013/0001740797-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079724000013/avai_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:26:23.224827+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"}