8-KAccepted Oct 7, 8:25 AM ET
OpenWorld, Inc.: enters term sheet for $130,000,000 IP backed financing
Accepted (ET)
8:25 AM
Oct 7, 2026
Filed
Oct 7, 2026
Documents
12
Size
202.2 KB
Summary
OpenWorld, Inc.: enters term sheet for $130,000,000 IP backed financing
What happened OpenWorld, Inc. announced on Oct 7, 2026 that on Sep 27, 2026 a term sheet was entered into by Open World Inc., a subsidiary of the Company, with Beyond Limits, Inc. (“BeyondAI”) and Eidos Digital Assets SPC (“Eidos”) relating to a proposed intellectual property backed financing of up to $130,000,000. The Proposed Financing is contemplated to be structured through issuance by a segregated portfolio of Eidos of digital tokens representing investor rights to payments backed by eligible BeyondAI intellectual property. Open World Inc. is expected to provide transaction structuring, implementation, tokenization, technology integration, reporting infrastructure and operational services. The filing states the proposed transaction remains subject to confirmatory due diligence, negotiation and execution of definitive documentation and the satisfaction or waiver of specified conditions precedent, and that there can be no assurance the Proposed Financing will be consummated.
Key details
- Term sheet dated Sep 27, 2026 with Beyond Limits, Inc. and Eidos Digital Assets SPC.
- Proposed financing of up to $130,000,000.
- Structure contemplated: issuance by a segregated portfolio of Eidos of digital tokens representing investor rights to payments backed by eligible BeyondAI intellectual property.
- Open World Inc. expected to provide transaction structuring, tokenization, technology integration, reporting infrastructure and operational services.
Why it may matter This Current Report on Form 8-K was made under Item 7.01, Regulation FD disclosure, which covers public announcements; it describes the announced proposed intellectual property backed financing. A filing does not show why the insider traded or why the company acted.