{"filing":{"accession_number":"0001213900-26-078753","cik":"0001801602","ticker":"SBIGW","company_name":"SpringBig Holdings, Inc.","form":"8-K","filing_date":"2026-07-16","report_date":null,"primary_document":"ea0298313-8k_springbig.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1801602/000121390026078753/ea0298313-8k_springbig.htm"},"events":[{"id":18477,"run_id":16609,"accession_number":"0001213900-26-078753","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"SpringBig Holdings completed a reorganization whereby secured lenders transferred all equity interests in the operating subsidiary (SpringBig, Inc.) to Lightbank II, L.P. and LS Round II, LLC, resulting in the Company being released from approximately $12.5 million in debt obligations but losing control of substantially all its assets and undergoing a material change of control.","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17301,"accession_number":"0001213900-26-078753","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a Reorganization Agreement under Delaware General Corporation Law Section 272(b) whereby secured lenders transferred collateral (all equity interests in SpringBig, Inc., the operating subsidiary) to Lightbank II, L.P. and LS Round II, LLC. This resulted in the Company being released from ~$12.5 million in debt obligations and losing control of substantially all its assets. While technically a collateral transfer rather than a traditional M\u0026A transaction, this constitutes a material change of control and disposition of the Company's operating assets, triggering Item 1.01 disclosure and warranting classification as ma_activity given the fundamental restructuring of the Company's ownership and control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17302,"accession_number":"0001213900-26-078753","item_number":"2.01","item_title":"Completion of Acquisition or Disposition","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.01 explicitly discloses completion of an acquisition or disposition of assets. The filing references Item 1.01 (Entry into Material Definitive Agreement), indicating a material M\u0026A transaction has been completed. Completion of acquisitions or dispositions is a core material event affecting investor assessment of the registrant's capital structure and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":18478,"run_id":16609,"accession_number":"0001213900-26-078753","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"Andrew Jay Glashow was appointed as a Class I director and Chief Executive Officer of SpringBig Holdings, effective July 10, 2026, representing a material change in the Company's leadership.","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17303,"accession_number":"0001213900-26-078753","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the appointment of Andrew Jay Glashow as both a director (Class I) and Chief Executive Officer of SpringBig Holdings, effective July 10, 2026. While the section also includes compensatory arrangements, the principal disclosed action is the appointment of a named executive to the CEO role, which is a material leadership change. The appointment of a new CEO is material to a reasonable investor's assessment of the company's governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17301,"accession_number":"0001213900-26-078753","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a Reorganization Agreement under Delaware General Corporation Law Section 272(b) whereby secured lenders transferred collateral (all equity interests in SpringBig, Inc., the operating subsidiary) to Lightbank II, L.P. and LS Round II, LLC. This resulted in the Company being released from ~$12.5 million in debt obligations and losing control of substantially all its assets. While technically a collateral transfer rather than a traditional M\u0026A transaction, this constitutes a material change of control and disposition of the Company's operating assets, triggering Item 1.01 disclosure and warranting classification as ma_activity given the fundamental restructuring of the Company's ownership and control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-07-16"},{"id":17302,"accession_number":"0001213900-26-078753","item_number":"2.01","item_title":"Completion of Acquisition or Disposition","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.01 explicitly discloses completion of an acquisition or disposition of assets. The filing references Item 1.01 (Entry into Material Definitive Agreement), indicating a material M\u0026A transaction has been completed. Completion of acquisitions or dispositions is a core material event affecting investor assessment of the registrant's capital structure and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-07-16"},{"id":17303,"accession_number":"0001213900-26-078753","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the appointment of Andrew Jay Glashow as both a director (Class I) and Chief Executive Officer of SpringBig Holdings, effective July 10, 2026. While the section also includes compensatory arrangements, the principal disclosed action is the appointment of a named executive to the CEO role, which is a material leadership change. The appointment of a new CEO is material to a reasonable investor's assessment of the company's governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T20:55:52.992134+00:00","company_name":"SpringBig Holdings, Inc.","ticker":"SBIGW","filing_date":"2026-07-16"}]}