---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050387"
form_type: "8-K"
ticker: null
cik: "0001508381"
company_name: "Bionik Laboratories Corp."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:40:41.272602+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bionik Labs issues $250,000 convertible promissory note to existing stockholder

## Summary
- Issued convertible note for $250,000 to an existing stockholder, bearing 1% monthly interest.
- Matures two years from April 20, 2023; converts on maturity at closing price or upon next equity financing.
- Net proceeds to be used for working capital and general corporate purposes.
- Note issued in reliance on Section 4(a)(2) and Regulation D/S exemption.

## SEC filing metadata
- accession: 0001104659-23-050387
- form_type: 8-K
- cik: 0001508381
- company_name: Bionik Laboratories Corp.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1508381/000110465923050387/0001104659-23-050387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1508381/000110465923050387/tm2313829d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050387
- JSON: https://secwatch.observer/filing/0001104659-23-050387.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050387.txt

## Key facts
- Debt Financings
  Bionik Laboratories Corp. incurred convertible notes of $250,000 at 1% per month maturing two year anniversary of the issue date.
  - Instrument: convertible notes
  - Principal: $250,000
  - Rate: 1% per month
  - Maturity: two year anniversary of the issue date
  - Event: incurrence
  source text: On April 20, 2023, Bionik Laboratories Corp. (the “Company”) issued a convertible promissory note (the “Note”) and borrowed $250,000 (the “Loan”) from an existing stockholder of the Company (the “Holder”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1508381/000110465923050387/0001104659-23-050387-index.htm

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