---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-048549"
form_type: "8-K"
ticker: "GRDX"
cik: "0001604191"
company_name: "GridAI Technologies Corp."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:12:18.761583+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GridAI receives loan default demand for $1.01M from lender

## Summary
- Demand letter received April 1, 2026, asserts default on $700,000 principal under Revolving Loan Agreement.
- Total demanded sum of $1,014,675 includes principal, interest, and a 20% default penalty.
- Company is evaluating the matter and is in active discussions with the lender.

## SEC filing metadata
- accession: 0001104659-26-048549
- form_type: 8-K
- ticker: GRDX
- cik: 0001604191
- company_name: GridAI Technologies Corp.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604191/000110465926048549/0001104659-26-048549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604191/000110465926048549/tm2612683d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-048549
- JSON: https://secwatch.observer/filing/0001104659-26-048549.json
- Plain text: https://secwatch.observer/filing/0001104659-26-048549.txt

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