{"schema_version":"secwatch.filing_event.v1","accession":"0001828852-23-000184","form_type":"8-K","ticker":null,"cik":"0001828852","company_name":"Mondee Holdings, Inc.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.815189+00:00","generated_at":"2026-06-08T00:23:23.062208+00:00","sec_items":["1.01","2.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mondee acquires AI company Purplegrids in all-share transaction; 1.9M shares upfront plus earn-out","bullets":["Mondee paid 1,900,000 shares of Class A common stock at closing, plus up to 1,000,000 earn-out shares tied to revenue targets.","Purplegrids, a Silicon Valley AI company founded in 2017, offers Enterprise AI platform integrating Generative AI, private LLMs, Deep Learning.","Over 50 Purplegrids employees, including founders Joseph John (ex-Apple) and Shibi Sudhakaran (ex-PayPal), will join Mondee.","Acquisition enhances Mondee's AI roadmap including its AI travel assistant Abhi; closed on November 13, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001828852-23-000184","json":"https://secwatch.observer/filing/0001828852-23-000184.json","markdown":"https://secwatch.observer/filing/0001828852-23-000184.md","text":"https://secwatch.observer/filing/0001828852-23-000184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828852/000182885223000184/0001828852-23-000184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828852/000182885223000184/mond-20231113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:23:23.062208+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":"0707ef0ea46ed8b65c68fdc725a13e28e3e2edc4","claim":"Mondee Holdings, Inc. completed an acquisition involving Joseph Vijay Raj John and the other sellers for total consideration of (i) 1,900,000 shares of Class A common stock of Mondee, par value $0.0001 per share, on the Closing Date, which shall be subject to lock- (closed 2023-11-13).","evidence_excerpt":"In exchange for the Target Shares, Buyers agreed to pay Sellers total consideration of (i) 1,900,000 shares of Class A common stock of Mondee, par value $0.0001 per share, on the Closing Date","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828852/000182885223000184/0001828852-23-000184-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Joseph Vijay Raj John and the other sellers"},{"label":"Consideration","value":"total consideration of (i) 1,900,000 shares of Class A common stock of Mondee, par value $0.0001 per share, on the Closing Date, which shall be subject to lock-"},{"label":"Closing","value":"2023-11-13"}],"fact_type":"ma_transaction"},{"claim_id":"5baa60c8cbe456223868e64eea1e6894370e45cf","claim":"Mondee Holdings, Inc. entered into Stock Purchase Agreement with Joseph Vijay Raj John and other sellers valued at Consideration of 1,900,000 shares of Class A common stock on closing date plus earn-out of up to 1,0 (effective 2023-11-13).","evidence_excerpt":"Item 1.01 Entry into a Material Definitive Agreement On November 13, 2023 (the “ Closing Date ”), Mondee Holdings, Inc., a Delaware corporation ( “ Mondee ”), and its wholly-owned subsidiary, Mondee, Inc., a Delaware corporation (together with Mondee, the “ Buyers ”), entered into that certain Stock Purchase Agreement, dated November 13, 2023 (the “ Purchase Agreement ”), with Joseph Vijay Raj John and the other sellers thereto (together, the \" Sellers \").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828852/000182885223000184/0001828852-23-000184-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Joseph Vijay Raj John and other sellers"},{"label":"Value","value":"Consideration of 1,900,000 shares of Class A common stock on closing date plus earn-out of up to 1,0"},{"label":"Effective","value":"2023-11-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}