---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000085"
form_type: "8-K"
ticker: "DLPN"
cik: "0001282224"
company_name: "Dolphin Entertainment, Inc."
filed_at: "2023-01-13T23:59:59+00:00"
generated_at: "2026-06-20T15:11:37.962888+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Dolphin Entertainment raises $1.85M via convertible notes with 10% interest

## Summary
- Issued five convertible promissory notes to three individuals for aggregate $1.85M.
- Notes bear 10% interest; two notes at $450K mature in 4 years, remaining three mature in 2 years.
- Conversion based on 90-day trailing avg trading price; floor $2.50 on one note, $2.00 on others.
- Proceeds of $1.85M received in cash; securities sold under Section 4(a)(2) exemption.

## SEC filing metadata
- accession: 0001079973-23-000085
- form_type: 8-K
- ticker: DLPN
- cik: 0001282224
- company_name: Dolphin Entertainment, Inc.
- filed_at: 2023-01-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282224/000107997323000085/0001079973-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282224/000107997323000085/dlpn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000085
- JSON: https://secwatch.observer/filing/0001079973-23-000085.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000085.txt

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