secwatch.observer — SEC 8-K summary
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Issuer:     Jaguar Health, Inc. (JAGX)
CIK:        0001585608
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0001104659-23-077663
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 5.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jaguar Health reduces royalty debt by $2.48M through issuance of Series H Convertible Preferred
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- Issued 32 Series H Preferred shares to Uptown Capital for $756,992 reduction in December 2020 royalty interest.
- Issued 73 Series H Preferred shares to Streeterville for $1,726,888 reduction in August 2022 royalty interest.
- Each Series H share converts into 50,000 common shares at $0.47312; conversion capped at 9.99% beneficial ownership.
- First Amendment to Standstill Agreement permits the exchange without terminating the standstill period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585608/000110465923077663/0001104659-23-077663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585608/000110465923077663/tm2320100d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-077663

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