---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-041256"
form_type: "8-K"
ticker: "BPTH"
cik: "0001133818"
company_name: "BIO-PATH HOLDINGS, INC."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:26:16.587934+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bio-Path issues $161K promissory note to Quick Capital; default-conversion at 65% of low bid

## Summary
- Principal $161K, purchase price $140K after $21K original issue discount.
- 12% one-time interest; five payments from Oct 2025 to Feb 2026 ($90,160 first, then $22,540 each).
- Upon default, conversion at 65% of lowest closing bid price over 10 prior trading days; default penalty 150% plus 22% interest.
- Unregistered sale under Rule 506(b) / Section 4(a)(2); use of proceeds for working capital.

## SEC filing metadata
- accession: 0001104659-25-041256
- form_type: 8-K
- ticker: BPTH
- cik: 0001133818
- company_name: BIO-PATH HOLDINGS, INC.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133818/000110465925041256/0001104659-25-041256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133818/000110465925041256/tm2513536d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-041256
- JSON: https://secwatch.observer/filing/0001104659-25-041256.json
- Plain text: https://secwatch.observer/filing/0001104659-25-041256.txt

## Key facts
- Debt Financings
  BIO-PATH HOLDINGS, INC. incurred loan of $161,000 with Quick Capital, LLC at twelve percent.
  - Instrument: loan
  - Principal: $161,000
  - Counterparty: Quick Capital, LLC
  - Rate: twelve percent
  - Event: incurrence
  source text: On April 28, 2025, Bio-Path Holdings, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Quick Capital, LLC, a Wyoming limited liability company (the “Lender”), an accredited investor, for the issuance and sale of a promissory note in the aggregate principal amount of $161,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1133818/000110465925041256/0001104659-25-041256-index.htm

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