{"filing":{"accession_number":"0001437749-26-023059","cik":"0000050471","ticker":"TRAK","company_name":"ReposiTrak, Inc.","form":"8-K","filing_date":"2026-07-08","report_date":null,"primary_document":"trak20260708_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/50471/000143774926023059/trak20260708_8k.htm"},"events":[{"id":17166,"run_id":15355,"accession_number":"0001437749-26-023059","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"ReposiTrak entered into Stock Purchase Agreements on July 1, 2026 to acquire 4,709,837 shares of SPAR Group, Inc. common stock (31.3% stake) for approximately $3.3 million in aggregate consideration, representing a material strategic equity investment.","company_name":"ReposiTrak, Inc.","ticker":"TRAK","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":15515,"accession_number":"0001437749-26-023059","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"ReposiTrak entered into Stock Purchase Agreements on July 1, 2026 to acquire 4,709,837 shares of SPAR Group, Inc. common stock for approximately $3.3 million in aggregate consideration. This constitutes a material acquisition of equity securities disclosed under Item 1.01 (Entry into a Material Definitive Agreement), representing a significant capital deployment and strategic investment that would materially affect a reasonable investor's assessment of the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15517,"accession_number":"0001437749-26-023059","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"ReposiTrak is acquiring a 31.3% stake in SPAR Group through the SPAR Shares transaction. While the filing explicitly states the Company is acquiring for \"investment purposes\" and does not have contractual rights to direct management, a stake of this magnitude (31.3% of outstanding common stock) represents a material financial commitment and investment activity. This does not fit the specific M\u0026A categories (which typically involve control or change-of-control transactions), but is clearly a material financial event involving a significant equity investment in another entity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":17167,"run_id":15355,"accession_number":"0001437749-26-023059","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"ReposiTrak issued an unsecured promissory note of $2,571,885 to Bartels on July 1, 2026, bearing 6.0% interest and maturing in 2030 with annual principal installments of $725,000.","company_name":"ReposiTrak, Inc.","ticker":"TRAK","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":15516,"accession_number":"0001437749-26-023059","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"ReposiTrak issued an unsecured promissory note of $2,571,885 to Bartels on July 1, 2026, bearing 6.0% interest and maturing in 2030 with annual principal installments of $725,000. This is a clear creation of a direct financial obligation disclosed under Item 2.03, constituting a material debt issuance that would affect investor assessment of the company's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":15515,"accession_number":"0001437749-26-023059","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"ReposiTrak entered into Stock Purchase Agreements on July 1, 2026 to acquire 4,709,837 shares of SPAR Group, Inc. common stock for approximately $3.3 million in aggregate consideration. This constitutes a material acquisition of equity securities disclosed under Item 1.01 (Entry into a Material Definitive Agreement), representing a significant capital deployment and strategic investment that would materially affect a reasonable investor's assessment of the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"ReposiTrak, Inc.","ticker":"TRAK","filing_date":"2026-07-08"},{"id":15516,"accession_number":"0001437749-26-023059","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"ReposiTrak issued an unsecured promissory note of $2,571,885 to Bartels on July 1, 2026, bearing 6.0% interest and maturing in 2030 with annual principal installments of $725,000. This is a clear creation of a direct financial obligation disclosed under Item 2.03, constituting a material debt issuance that would affect investor assessment of the company's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"ReposiTrak, Inc.","ticker":"TRAK","filing_date":"2026-07-08"},{"id":15517,"accession_number":"0001437749-26-023059","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"ReposiTrak is acquiring a 31.3% stake in SPAR Group through the SPAR Shares transaction. While the filing explicitly states the Company is acquiring for \"investment purposes\" and does not have contractual rights to direct management, a stake of this magnitude (31.3% of outstanding common stock) represents a material financial commitment and investment activity. This does not fit the specific M\u0026A categories (which typically involve control or change-of-control transactions), but is clearly a material financial event involving a significant equity investment in another entity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:00:34.274551+00:00","company_name":"ReposiTrak, Inc.","ticker":"TRAK","filing_date":"2026-07-08"}]}