{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-26-001687","form_type":"8-K","ticker":null,"cik":"0001590695","company_name":"TWINLAB CONSOLIDATED HOLDINGS, INC.","filed_at":"2026-09-02T15:02:44+00:00","discovered_at":"2026-09-02T15:04:09.525423+00:00","generated_at":"2026-09-02T15:04:21.780353+00:00","sec_items":["1.01","2.04","1.03","8.01","2.01","2.06","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Twinlab subsidiaries assign assets to creditors; sale to cbdMD for $3.98M; no shareholder recovery expected","bullets":["Three Twinlab subsidiaries (TCC, THI, OH) made assignments for benefit of creditors on Aug 21, 2026; petitions filed Aug 24 in Broward County, FL.","Asset Purchase Agreement with cbdMD: $3,979,805 price, incl. $1.75M secured note assumption and 2,229,805 cbdMD shares (19.9%) to Akretive.","Akretive holds $67.5M secured and $79M unsecured claims; TCC scheduled $80.9M unsecured debt; no recovery expected for equity holders.","Company to deconsolidate subsidiaries and record full impairment; no operating business, may become shell company, going concern doubt."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-26-001687","json":"https://secwatch.observer/filing/0001753926-26-001687.json","markdown":"https://secwatch.observer/filing/0001753926-26-001687.md","text":"https://secwatch.observer/filing/0001753926-26-001687.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590695/000175392626001687/0001753926-26-001687-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590695/000175392626001687/g085921_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-02T15:04:21.780353+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"}