Close the private placement transaction with Good Luck Information Technology Co., Limited
Delivered after the deadline (3 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 8 Feb 2021
- Due
- 20 Feb 2021
- Delivered
- 23 Feb 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The closing is expected to take place on or before February 20, 2021, upon satisfaction of customary closing conditions.”
What we found
Evidence strength A What the grades mean
The company announced the closing of the private placement transaction on February 23, 2021, which is after the stated deadline of February 20, 2021.
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A 500.com Ltd 6-K filed 2021-02-23
“500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a China-based enterprise committed to developing cryptocurrency mining businesses, today announced the closing of its previously announced private placement transaction” ✓ confirmed on the page
Checked 25 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Private placement transaction
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
- Conditional
- Yes: satisfaction of customary closing conditions
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-SLAIY-023249 · Corrections policy