---
schema_version: "secwatch.filing_event.v1"
accession: "0001021771-21-000074"
form_type: "8-K"
ticker: "BRTX"
cik: "0001505497"
company_name: "BioRestorative Therapies, Inc."
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:37:01.581945+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BioRestorative Therapies enters agreements to exchange $9.25M notes and warrants for units in proposed offering

## Summary
- Exchanged aggregate $9,246,897 principal of convertible notes and warrants for units in proposed public offering.
- Auctus Fund exchanged $8,826,952 principal and warrants for 13,766,343,425 shares; lock-up 4 months with 200% price trigger.
- Three other holders exchanged $419,945 principal and warrants for 745,643,250 shares; same lock-up terms.
- Exchanges conditioned on completion of public offering by January 31, 2022; otherwise agreements terminate.
- May issue Series A preferred stock to cap beneficial ownership at 4.99% of common stock.

## SEC filing metadata
- accession: 0001021771-21-000074
- form_type: 8-K
- ticker: BRTX
- cik: 0001505497
- company_name: BioRestorative Therapies, Inc.
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505497/000102177121000074/0001021771-21-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505497/000102177121000074/form8kdtd101421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001021771-21-000074
- JSON: https://secwatch.observer/filing/0001021771-21-000074.json
- Plain text: https://secwatch.observer/filing/0001021771-21-000074.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.