{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-002231","form_type":"8-K","ticker":null,"cik":"0001740742","company_name":"TransparentBusiness, Inc.","filed_at":"2024-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.843426+00:00","generated_at":"2026-06-04T02:23:46.495085+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Unicoin acquires Bahamas land parcels for $554M in unicoin rights","bullets":["Acquired two parcels of land in the Bahamas via beneficial interests in Long Island Investments Ltd. and Newport Harbour Ltd.","Total purchase price: $554,431,641.50, payable in 1,108,862,283 unicoin rights (at $0.50 each).","Acquisition closed April 2, 2024; seller is New World Properties SPV, Inc., a Bahamas corporation.","For Long Island, beneficial rights valued at $119.9M; consideration of 335.6M unicoin rights delivered."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-002231","json":"https://secwatch.observer/filing/0001829126-24-002231.json","markdown":"https://secwatch.observer/filing/0001829126-24-002231.md","text":"https://secwatch.observer/filing/0001829126-24-002231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740742/000182912624002231/0001829126-24-002231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740742/000182912624002231/unicoin_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:23:46.495085+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":"33347bd60edde8f508c4198edfa81f13eee2a0a6","claim":"TransparentBusiness, Inc. entered into Agreement to Convey Beneficial Ownership in Long Island Investments Ltd. with New World Properties SPV, Inc. valued at $554,431,641.50 (effective 2024-04-02).","evidence_excerpt":"On April 2, 2024, Unicoin, Inc. (the “Company”) closed a transaction with New World Properties SPV, Inc., a Bahamas corporation (“New World”), wherein the Company acquired two parcels of land in the Bahamas by acquiring the beneficial interests in two entities that own such parcels – Long Island Investments Ltd, a Bahamian company, and Newport Harbour Ltd., a Bahamian company, for a purchase price of $554,431,641.50, payable in rights to receive unicoins. Based on the per-unicoin right price of $0.50 each, the Company delivered 1,108,862,283 unicoin rights to New World on April 2, 2024. A copy of the Agreement to Convey Beneficial Ownership in Long Island Investments Ltd., as amended, is attached hereto as Exhibit 10.1 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740742/000182912624002231/0001829126-24-002231-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"New World Properties SPV, Inc."},{"label":"Value","value":"$554,431,641.50"},{"label":"Effective","value":"2024-04-02"}],"fact_type":"material_agreement"},{"claim_id":"465688c2068bb436677a338b03cb44b12dcbb2f5","claim":"TransparentBusiness, Inc. entered into Agreement to Convey Beneficial Ownership in Newport Harbour Ltd. with New World Properties SPV, Inc. valued at $554,431,641.50 (effective 2024-04-02).","evidence_excerpt":"On April 2, 2024, Unicoin, Inc. (the “Company”) closed a transaction with New World Properties SPV, Inc., a Bahamas corporation (“New World”), wherein the Company acquired two parcels of land in the Bahamas by acquiring the beneficial interests in two entities that own such parcels – Long Island Investments Ltd, a Bahamian company, and Newport Harbour Ltd., a Bahamian company, for a purchase price of $554,431,641.50, payable in rights to receive unicoins. Based on the per-unicoin right price of $0.50 each, the Company delivered 1,108,862,283 unicoin rights to New World on April 2, 2024. A copy of the Agreement to Convey Beneficial Ownership in Long Island Investments Ltd., as amended, is attached hereto as Exhibit 10.1 and is incorporated herein by reference. A copy of the Agreement to Convey Beneficial Ownership in Newport Harbour Ltd., as amended, is attached hereto as Exhibit 10.2 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740742/000182912624002231/0001829126-24-002231-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"New World Properties SPV, Inc."},{"label":"Value","value":"$554,431,641.50"},{"label":"Effective","value":"2024-04-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}