{"filing":{"accession_number":"0001929980-26-000260","cik":"0001751876","ticker":"PAVS","company_name":"Paranovus Entertainment Technology Ltd.","form":"6-K","filing_date":"2026-06-15","report_date":null,"primary_document":"pavs_6k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1751876/000192998026000260/pavs_6k.htm"},"events":[{"id":12299,"run_id":10865,"accession_number":"0001929980-26-000260","anchor_item_number":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"The 6-K discloses termination of an at-the-market (ATM) sales agreement with AC Sunshine Securities LLC under which the Company sold 39,248,940 Class A Ordinary Shares for gross proceeds of $30.97 million. While the primary disclosure is the termination, the material event is the dilutive equity issuance itself—a substantial unregistered offering that raised significant capital and diluted existing shareholders. The magnitude (39+ million shares, ~$31 million proceeds) and the ATM structure (characteristic of dilutive capital raises at smaller issuers) make this material to investors.","company_name":"Paranovus Entertainment Technology Ltd.","ticker":"PAVS","filing_date":"2026-06-15","form":"6-K","submitted_at":null,"items":null}],"classifications":[{"id":9113,"accession_number":"0001929980-26-000260","item_number":null,"item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The 6-K discloses termination of an at-the-market (ATM) sales agreement with AC Sunshine Securities LLC under which the Company sold 39,248,940 Class A Ordinary Shares for gross proceeds of $30.97 million. While the primary disclosure is the termination, the material event is the dilutive equity issuance itself—a substantial unregistered offering that raised significant capital and diluted existing shareholders. The magnitude (39+ million shares, ~$31 million proceeds) and the ATM structure (characteristic of dilutive capital raises at smaller issuers) make this material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-22T02:35:15.386666+00:00","company_name":"Paranovus Entertainment Technology Ltd.","ticker":"PAVS","filing_date":"2026-06-15"}]}
