{"filing":{"accession_number":"0001605888-26-000054","cik":"0001605888","ticker":"SQLLW","company_name":"CIRCLE8 GROUP INC","form":"8-K","filing_date":"2026-10-23","report_date":"2026-10-14","primary_document":"altn-20261014.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1605888/000160588826000054/altn-20261014.htm"},"events":[{"id":37679,"run_id":34724,"accession_number":"0001605888-26-000054","anchor_item_number":"2.04","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"This Item 2.04 disclosure reports multiple triggering events that accelerate or increase direct financial obligations: (1) a default notice from Employers Personnel, LLC regarding payment obligations under a service agreement with Lyneer; (2) events of default under the Amended and Restated Loan Agreement with SPP Credit Advisors dated April 29, 2025, with cross-default provisions; and (3) a default notice under the Bridge Loan Agreement dated June 18, 2024. The filing explicitly states that SPP has reserved all rights and remedies under these loan documents, and SLR Business Credit has initiated asset disposition proceedings under UCC Article 9. These are classic covenant breach and cross-default scenarios that materially threaten the registrant's financial obligations and liquidity.","company_name":"CIRCLE8 GROUP INC","ticker":"SQLLW","filing_date":"2026-10-23","form":"8-K","submitted_at":null,"items":[{"id":42466,"accession_number":"0001605888-26-000054","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"This Item 2.04 disclosure reports multiple triggering events that accelerate or increase direct financial obligations: (1) a default notice from Employers Personnel, LLC regarding payment obligations under a service agreement with Lyneer; (2) events of default under the Amended and Restated Loan Agreement with SPP Credit Advisors dated April 29, 2025, with cross-default provisions; and (3) a default notice under the Bridge Loan Agreement dated June 18, 2024. The filing explicitly states that SPP has reserved all rights and remedies under these loan documents, and SLR Business Credit has initiated asset disposition proceedings under UCC Article 9. These are classic covenant breach and cross-default scenarios that materially threaten the registrant's financial obligations and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T21:01:47.758558+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":42466,"accession_number":"0001605888-26-000054","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"This Item 2.04 disclosure reports multiple triggering events that accelerate or increase direct financial obligations: (1) a default notice from Employers Personnel, LLC regarding payment obligations under a service agreement with Lyneer; (2) events of default under the Amended and Restated Loan Agreement with SPP Credit Advisors dated April 29, 2025, with cross-default provisions; and (3) a default notice under the Bridge Loan Agreement dated June 18, 2024. The filing explicitly states that SPP has reserved all rights and remedies under these loan documents, and SLR Business Credit has initiated asset disposition proceedings under UCC Article 9. These are classic covenant breach and cross-default scenarios that materially threaten the registrant's financial obligations and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T21:01:47.758558+00:00","company_name":"CIRCLE8 GROUP INC","ticker":"SQLLW","filing_date":"2026-10-23"}]}
