{"schema_version":"secwatch.filing_event.v1","accession":"0001851734-22-000722","form_type":"8-K","ticker":"FTLF","cik":"0001374328","company_name":"FITLIFE BRANDS, INC.","filed_at":"2022-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.359282+00:00","generated_at":"2026-06-21T07:23:41.038896+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FitLife Brands enters into agreement to acquire Mimi's Rock Corp. for CAD $23.2M","bullets":["FitLife Brands to acquire Mimi's Rock Corp. for ~CAD $23.2M total cash.","CAD $14.1M to retire Mimi's debt; CAD $9.0M ($0.17/share) to shareholders.","Funded by up to $12.5M debt financing from First Citizens Bank.","Transaction requires shareholder, court, and regulatory approvals; termination fees CAD $0.5-1.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001851734-22-000722","json":"https://secwatch.observer/filing/0001851734-22-000722.json","markdown":"https://secwatch.observer/filing/0001851734-22-000722.md","text":"https://secwatch.observer/filing/0001851734-22-000722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/0001851734-22-000722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/ftlf20221207_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:23:41.038896+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":"d1910ff9ae991a565acefd5ee8cfcf759dfdd1ab","claim":"FITLIFE BRANDS, INC. entered into Arrangement Agreement with Mimi's Rock Corp. valued at approximately CAD $23.2 million (effective 2022-12-04).","evidence_excerpt":"On December 4, 2022, FitLife Brands, Inc. (“ FitLife ”) entered into an Arrangement Agreement (the “ Agreement ”) with 1000374984 Ontario Inc. (“Subsidiary”, and collectively with FitLife, the “ Company ”), and Mimi’s Rock Corp. (“ Mimis ”), pursuant to which the Company has agreed to acquire Mimi’s for a total cash purchase price of approximately CAD $23.2 million, of which approximately CAD $14.1 million will be used to retire all of Mimi’s outstanding indebtedness, and approximately CAD $9.0 million, or CAD $0.17 per share, will be used to purchase all issued and outstanding shares of Mimi’s from its current shareholders (collectively, the “ Purchase Price ”) (the “ Acquisition ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/0001851734-22-000722-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Mimi's Rock Corp."},{"label":"Value","value":"approximately CAD $23.2 million"},{"label":"Effective","value":"2022-12-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}