{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-101277","form_type":"8-K","ticker":null,"cik":"0001401395","company_name":"Neptune Wellness Solutions Inc.","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.793742+00:00","generated_at":"2026-06-10T16:07:07.945947+00:00","sec_items":["1.01","2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Neptune Wellness amends note agreement; gets 2-month stay on arbitration award; interest jumps to 24%","bullets":["Third Amendment to Note Purchase Agreement signed Sep 8, 2023, extends deadline to Nov 21, 2023 for arbitration award resolution.","Interest on outstanding principal accrues at 24% per annum until award is resolved or paid.","Arbitration award from PMGSL Holdings LLC triggers potential event of default if not stayed or paid by Nov 21.","Company, through CCUR Holdings and other purchasers, modifies terms to avoid immediate default."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-101277","json":"https://secwatch.observer/filing/0001104659-23-101277.json","markdown":"https://secwatch.observer/filing/0001104659-23-101277.md","text":"https://secwatch.observer/filing/0001104659-23-101277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401395/000110465923101277/0001104659-23-101277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401395/000110465923101277/tm2326275d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T16:07:07.945947+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":"61375248b4f6713d7bea9a9c88df757f8c2abddd","claim":"Neptune Wellness Solutions Inc. amended loan with CCUR Holdings, Inc. at twenty four (24%) per annum.","evidence_excerpt":"the Third Amendment was entered into as a result of the August 23, 2023 arbitrator award to PMGSL Holdings LLC and provides the Company with two additional months to seek a stay or other resolution of the arbitration award made in favor of PMGSL Holdings, LLC before such event could be deemed an event of default.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401395/000110465923101277/0001104659-23-101277-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Counterparty","value":"CCUR Holdings, Inc."},{"label":"Rate","value":"twenty four (24%) per annum"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"49364a4b022e03da292008918bdc3f1953efdade","claim":"Neptune Wellness Solutions Inc. amended Third Amendment to Note Purchase Agreement with CCUR Holdings, Inc. and the purchasers named therein (effective 2023-09-08).","evidence_excerpt":"On September 8, 2023, Neptune Wellness Solutions Inc. (the “ Company ”) entered into a Third Amendment to Note Purchase Agreement (the “Third Amendment”) with CCUR Holdings, Inc. and the purchasers named therein.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401395/000110465923101277/0001104659-23-101277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"CCUR Holdings, Inc. and the purchasers named therein"},{"label":"Effective","value":"2023-09-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}