secwatch.observer — SEC 8-K summary
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Issuer:     FARMHOUSE, INC. /NV (FMHS)
CIK:        0001811999
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001096906-26-000724
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmhouse issues $2.22M convertible note to Axiom; net cash $884k for Bitcoin/Gold treasury
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- Proceeds of $2M: $1M cash + $1M in digital assets; net cash $884k after advance and fees.
- Note principal $2,222,222, 15% simple interest, 10-month maturity; automatic conversion on events.
- Conversion price at 75% of 20-day VWAP, floor $0.15, cap $0.50; no holder-optional conversion.
- Proceeds to expand anti-debasement treasury targeted at Bitcoin and Gold, and support uplisting efforts.
- Registration Rights Agreement filed with SEC within 90 days for resale of conversion shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811999/000109690626000724/0001096906-26-000724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811999/000109690626000724/fmhs-20260504_8k.htm
  HTML page:      https://secwatch.observer/filing/0001096906-26-000724

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