{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-070277","form_type":"8-K","ticker":"MITQ","cik":"0001770236","company_name":"MOVING iMAGE TECHNOLOGIES INC.","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.480163+00:00","generated_at":"2026-06-14T03:05:40.585022+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Moving iMAGE Technologies invests $100,000 unsecured convertible note in SNDBX","bullets":["Principal $100,000, 5% simple interest, matures June 5, 2024.","Note convertible into 20 Founders Shares of SNDBX at $5,000/share at holder's election after maturity.","SNDBX may repurchase 10 of 20 Founders Shares for $500,000 ($100,000 down, $100,000/yr for 4 years).","Events of default include non-payment, bankruptcy, or involuntary proceedings lasting 90+ days.","Note and underlying shares are unregistered restricted securities under the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-070277","json":"https://secwatch.observer/filing/0001104659-23-070277.json","markdown":"https://secwatch.observer/filing/0001104659-23-070277.md","text":"https://secwatch.observer/filing/0001104659-23-070277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923070277/0001104659-23-070277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923070277/tm2318431d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:05:40.585022+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":"8436ef0f7348eadcfb7af9d8496c5de55264cf58","claim":"MOVING iMAGE TECHNOLOGIES INC. entered into Convertible Note Purchase Agreement with SNDBX, INC. valued at $100,000 (effective 2023-06-06).","evidence_excerpt":"On June 6, 2023, Moving iMage Technologies, Inc. (the “Company” or “MiT”) entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”), with SNDBX, INC. (\"SNDBX\") pursuant to which SNDBX issued and sold an unsecured convertible promissory note (the “Note”) to the Company for the principal amount of $100,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923070277/0001104659-23-070277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"SNDBX, INC."},{"label":"Value","value":"$100,000"},{"label":"Effective","value":"2023-06-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}