{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-25-017444","form_type":"8-K","ticker":"WAMFF","cik":"0001893899","company_name":"Alaska Silver Corp.","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.005675+00:00","generated_at":"2026-05-16T12:27:45.290336+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Alaska Silver amends promissory note: rate cut to 3.5%, maturity extended to July 2027","bullets":["Interest rate reduced from 5.0% to 3.5% effective Nov 1, 2025; principal balance ~$1.50M.","Monthly principal payments reduced from $25k to $10k; maturity extended from Dec 2026 to Jul 2027.","Issued 68,334 RSUs (~$54k total value) to three non-executive directors for Q3/Q4 2025 fees; vest in one year.","Amendment is the eighth modification to the original $3.698M promissory note from March 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-25-017444","json":"https://secwatch.observer/filing/0001062993-25-017444.json","markdown":"https://secwatch.observer/filing/0001062993-25-017444.md","text":"https://secwatch.observer/filing/0001062993-25-017444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1893899/000106299325017444/0001062993-25-017444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1893899/000106299325017444/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:27:45.290336+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":[{"claim_id":"21c3c98bc128b11d6353295a5a7ffcfa4b6b9b44","claim":"Alaska Silver Corp. amended Eighth Amendment to Promissory Note with Joe Piekenbrock valued at Interest rate changed from 5% per annum to 3.5% per annum; maturity extended from December 1, 2026 t (effective 2025-11-01).","evidence_excerpt":"On December 17, 2025, WACG entered into the Eighth Amendment to Promissory Note (the \"Amendment\") with the Holder, pursuant to which, effective November 1, 2025, (a) interest on the outstanding principal balance of the Promissory Note accrues at a rate equal 3.5% per annum and (b) payments are to be made as follows: (i) monthly payments of $10,000 on the outstanding principal balance; (ii) in the event that the Company closes a financing round, a principal reduction payment equal to 6% of such financing round to be applied against the outstanding principal balance of the Promissory Note; (iii) payment of the remaining outstanding principal balance of the Promissory Note, together with all accrued interest, on July 1, 2027.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1893899/000106299325017444/0001062993-25-017444-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Joe Piekenbrock"},{"label":"Value","value":"Interest rate changed from 5% per annum to 3.5% per annum; maturity extended from December 1, 2026 t"},{"label":"Effective","value":"2025-11-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}