secwatch.observer — SEC 8-K summary
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Issuer:     Electromedical Technologies, Inc (EMED)
CIK:        0001715819
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0001104659-22-080443
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

ElectroMedical settles $668K debt with 26.7M shares to JR-HD Enterprises III
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- Settled five promissory notes totaling $617,353 principal + $51,017 accrued interest via restricted common stock.
- Issued 26,734,800 shares of restricted common stock on July 6, 2022 as consideration.
- Shares issued to JR-HD Enterprises III, LLC; exemption from registration claimed under Rule 4(a)(2).
- Board approved settlement on July 4, 2022; agreement entered on June 21, 2022.
- No material relationship between company and noteholder beyond the notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1715819/000110465922080443/0001104659-22-080443-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1715819/000110465922080443/tm2221295d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-080443

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