{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-21-012448","form_type":"8-K","ticker":"SNRG","cik":"0001652539","company_name":"SusGlobal Energy Corp.","filed_at":"2021-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.507497+00:00","generated_at":"2026-06-28T02:50:33.260072+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SusGlobal Energy issues $350K convertible note to AJB Capital for litigation settlement","bullets":["Entered into securities purchase agreement with AJB Capital Investments for a 10% convertible promissory note with principal amount of $350,000, purchase price $315,000.","Issued 857,143 shares of common stock as commitment fee valued at $300,000.","Proceeds of approximately $275,000 intended to settle litigation with former CEO (unpaid fees of $310,428).","Note matures June 2, 2022; convertible into common stock at 90% of market price upon event of default.","Company must reserve at least 7,000,000 shares for conversion; failure to maintain reserve triggers $5,000 increase in principal per occurrence."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-21-012448","json":"https://secwatch.observer/filing/0001062993-21-012448.json","markdown":"https://secwatch.observer/filing/0001062993-21-012448.md","text":"https://secwatch.observer/filing/0001062993-21-012448.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1652539/000106299321012448/0001062993-21-012448-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1652539/000106299321012448/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T02:50:33.260072+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}