secwatch.observer — SEC 8-K summary
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Issuer:     HealthLynked Corp (HLYK)
CIK:        0001680139
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001013762-25-002723
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthLynked issues $420K convertible note to CEO's trust; extends $1.22M in notes
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- Issued $420,000 convertible promissory note to Mary S. Dent Gifting Trust, controlled by CEO Dr. Michael Dent, to replace undocumented advances from Sep-Nov 2024.
- Note matures Sep 20, 2025, bears 12% interest (18% default), convertible into common at $0.0375 per share.
- Twelve existing notes totaling $1,216,500 extended to Sep 20, 2025; interest increased from 12% to 15% after March 20, 2025.
- Issued 10-year warrant to purchase 1,353,356 shares of common stock at $0.0375 per share as consideration for the extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680139/000101376225002723/0001013762-25-002723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680139/000101376225002723/ea0235615-8k_health.htm
  HTML page:      https://secwatch.observer/filing/0001013762-25-002723

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer