{"schema_version":"secwatch.filing_event.v1","accession":"0001760319-21-000058","form_type":"8-K","ticker":"NIHK","cik":"0001084475","company_name":"Video River Networks, Inc.","filed_at":"2021-07-15T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.107346+00:00","generated_at":"2026-06-30T04:59:16.369421+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Video River Networks acquires 55% voting control of Drone Guarder for $20k cash; hires aerospace VP","bullets":["Acquired preferred shares of Drone Guarder (DRNG) with 55% super voting power for $20k cash.","Frank Igwealor becomes Chairman and Co-CEO; Adam Taylor remains President and CEO of DRNG.","Hired Robert E. Altermatt as VP of Drones and AI; he is a Northrop Grumman veteran with 25 years experience.","DRNG to be run as independent company; deal gives control of drones and AI technologies."],"urls":{"canonical":"https://secwatch.observer/filing/0001760319-21-000058","json":"https://secwatch.observer/filing/0001760319-21-000058.json","markdown":"https://secwatch.observer/filing/0001760319-21-000058.md","text":"https://secwatch.observer/filing/0001760319-21-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084475/000176031921000058/0001760319-21-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084475/000176031921000058/form8kdrngacquisition.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T04:59:16.369421+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":"a7bef5cbbe","claim":"Robert (Bob) E. Altermatt was appointed as Vice President in charge of Drones and Artificial Intelligence at Video River Networks, Inc..","evidence_excerpt":"On July 13, 2021, Video River Networks, Inc. (the “Company”) hired Mr. Robert (Bob) E. Altermatt to become its Vice President in charge of Drones and Artificial Intelligence.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084475/000176031921000058/0001760319-21-000058-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"hired"},{"label":"Role","value":"Vice President in charge of Drones and Artificial Intelligence"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}