{"schema_version":"secwatch.filing_event.v1","accession":"0001801602-22-000044","form_type":"8-K","ticker":"SBIG","cik":"0001801602","company_name":"SpringBig Holdings, Inc.","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.174347+00:00","generated_at":"2026-06-21T11:46:00.974845+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SpringBig cuts 23% of workforce (37 positions) to reduce costs, targets positive EBITDA in 2023","bullets":["Workforce reduction of 37 positions (23% of headcount) through layoffs and attrition.","Expects annual operating expense run rate in 2023 ~21% less than annualized op ex for 9 months ended Sep 30, 2022.","One-time cash restructuring charge of approximately $0.2M in Q4 2022.","Management reiterates goal of positive EBITDA during 2023 and expects revenue acceleration next year."],"urls":{"canonical":"https://secwatch.observer/filing/0001801602-22-000044","json":"https://secwatch.observer/filing/0001801602-22-000044.json","markdown":"https://secwatch.observer/filing/0001801602-22-000044.md","text":"https://secwatch.observer/filing/0001801602-22-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801602/000180160222000044/0001801602-22-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801602/000180160222000044/form8-kxnovemberlayoffs.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:46:00.974845+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"}