{"schema_version":"secwatch.filing_event.v1","accession":"0001750155-26-000119","form_type":"8-K","ticker":"CWBHF","cik":"0001750155","company_name":"Charlotte's Web Holdings, Inc.","filed_at":"2026-08-20T20:21:06+00:00","discovered_at":"2026-08-20T20:22:00.390099+00:00","generated_at":"2026-08-20T20:22:14.304945+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Charlotte's Web subsidiary issues $1.58M convertible note to DeFloria JV","bullets":["CW issued $1,582,500 convertible promissory note to DeFloria, replacing prior $750K note plus $82.5K accrued interest.","Interest at 11.25% initially (8% + Bank of England Base Rate), capped at 14%, payable quarterly, matures on demand after 24 months.","Automatic conversion on qualified financing ≥$10M at 80% of price or $146M valuation cap.","At maturity may convert to senior preferred; 20% repayment premium on deemed liquidation unless CW elects conversion.","Note is unsecured, governed by Delaware law; events of default trigger acceleration."],"urls":{"canonical":"https://secwatch.observer/filing/0001750155-26-000119","json":"https://secwatch.observer/filing/0001750155-26-000119.json","markdown":"https://secwatch.observer/filing/0001750155-26-000119.md","text":"https://secwatch.observer/filing/0001750155-26-000119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750155/000175015526000119/0001750155-26-000119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750155/000175015526000119/cweb-20260814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-20T20:22:14.304945+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"}