secwatch / observer
8-K filed July 7, 2023, 7:59 PM ET CIK 0001777946
debt confidence high sentiment neutral materiality 0.60

IronNet, Inc.: debt financing — IronNet extends maturity of $20.77M convertible notes to Dec 31, 2023

IronNet, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

IronNet, Inc. amended convertible notes of $20,770,000 aggregate with certain of its directors and officers and entities affiliated with C5 Capital Limited at Not specified maturing extended from June 30, 2023 to December 31, 2023.

Instrument
convertible notes
Principal
$20,770,000 aggregate
Counterparty
certain of its directors and officers and entities affiliated with C5 Capital Limited
Rate
Not specified
Maturity
extended from June 30, 2023 to December 31, 2023
Event
amendment
Exact text from the filing
between December, 2022 and May 2023 IronNet, Inc. (the “ Company ”) entered into Convertible Secured Promissory Notes (the “ Notes ”), in the aggregate principal amount of $20,770,000, with certain of its directors and officers and entities affiliated with C5 Capital Limited, a beneficial owner of more than 5% of the Company’s outstanding common stock
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

IronNet, Inc. amended Amendments to Convertible Secured Promissory Notes with Noteholders (certain directors, officers, and entities affiliated with C5 Capital Limited) valued at Extended maturity date from June 30, 2023 to December 31, 2023 on Convertible Secured Promissory Not (effective 2023-06-30).

Action
amendment
Agreement
notes offering
Counterparty
Noteholders (certain directors, officers, and entities affiliated with C5 Capital Limited)
Value
Extended maturity date from June 30, 2023 to December 31, 2023 on Convertible Secured Promissory Not
Effective
2023-06-30
Exact text from the filing
As previously disclosed, between December, 2022 and May 2023 IronNet, Inc. (the “ Company ”) entered into Convertible Secured Promissory Notes (the “ Notes ”), in the aggregate principal amount of $20,770,000, with certain of its directors and officers and entities affiliated with C5 Capital Limited, a beneficial owner of more than 5% of the Company’s outstanding common stock (collectively, the “ Noteholders ”). On June 30, 2023, the Company and the Noteholders executed amendments to the Notes (the “ Amendments ”) to extend the maturity dates thereof from June 30, 2023 to December 31, 2023. Except as set forth in the Amendments, all of the other terms of the Notes remain unchanged.
View on SEC.gov

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Source: SEC EDGAR
accession 0000950170-23-032272
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