{"filing":{"accession_number":"0001213900-26-060149","cik":"0001801602","ticker":"SBIGW","company_name":"SpringBig Holdings, Inc.","form":"8-K","filing_date":"2026-05-21","report_date":null,"primary_document":"ea0291869-8k_springbig.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1801602/000121390026060149/ea0291869-8k_springbig.htm"},"events":[{"id":9465,"run_id":8298,"accession_number":"0001213900-26-060149","anchor_item_number":"2.04","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The filing discloses a \"Notice of Default\" from principal Noteholders (Shalcor Management, Inc. and Lightbank II, L.P.) with respect to the Company's 2024 Secured Term Notes and 2024 Secured Convertible Notes, triggering an event of default that permits acceleration of repayment, foreclosure on assets, and suspension of the Company's voting rights in its operating subsidiary. The Lead Noteholders have exercised rights over pledged securities, resulting in removal of the CEO and appointment of interim management. The Company explicitly states it \"has limited access to financial resources necessary to continue operations,\" indicating severe financial stress and a direct triggering event that accelerates financial obligations under Item 2.04.","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":1113,"accession_number":"0001213900-26-060149","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses a \"Notice of Default\" from principal Noteholders (Shalcor Management, Inc. and Lightbank II, L.P.) with respect to the Company's 2024 Secured Term Notes and 2024 Secured Convertible Notes, triggering an event of default that permits acceleration of repayment, foreclosure on assets, and suspension of the Company's voting rights in its operating subsidiary. The Lead Noteholders have exercised rights over pledged securities, resulting in removal of the CEO and appointment of interim management. The Company explicitly states it \"has limited access to financial resources necessary to continue operations,\" indicating severe financial stress and a direct triggering event that accelerates financial obligations under Item 2.04.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:57:55.781781+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1113,"accession_number":"0001213900-26-060149","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses a \"Notice of Default\" from principal Noteholders (Shalcor Management, Inc. and Lightbank II, L.P.) with respect to the Company's 2024 Secured Term Notes and 2024 Secured Convertible Notes, triggering an event of default that permits acceleration of repayment, foreclosure on assets, and suspension of the Company's voting rights in its operating subsidiary. The Lead Noteholders have exercised rights over pledged securities, resulting in removal of the CEO and appointment of interim management. The Company explicitly states it \"has limited access to financial resources necessary to continue operations,\" indicating severe financial stress and a direct triggering event that accelerates financial obligations under Item 2.04.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:57:55.781781+00:00","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-05-21"}]}