{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-114342","form_type":"8-K","ticker":"GRDX","cik":"0001604191","company_name":"GridAI Technologies Corp.","filed_at":"2026-10-07T20:01:18+00:00","discovered_at":"2026-10-07T20:02:00.253637+00:00","generated_at":"2026-10-12T15:55:01.604552+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GridAI adds $536K third advance to Pronghorn note; aggregate principal $3.5M, convertible into 10% of Pronghorn","bullets":["Third advance of $536,000 to Pronghorn Resources, LLC; prior advances were $2,000,000 (July 17, 2026) and $964,000 (Sept. 4, 2026), bringing aggregate principal to $3,500,000.","Principal due on the earlier of Dec. 31, 2026 or a Change of Control Transaction; 7% annual interest accrues from the Maturity Date and is payable in cash.","On an uncured Event of Default, GridAI may convert the Payment Amount into membership interests equal to 10% of Pronghorn's fully diluted capitalization.","Second Amendment to Security Agreement amends the 'Note' definition to reference the Second Amended Note; loan remains secured by Pronghorn assets under the July 17, 2026 Security Agreement.","Pronghorn agreed to use proceeds per Schedule B and is barred from new debt or liens beyond Permitted Indebtedness/Liens without GridAI's consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-114342","json":"https://secwatch.observer/filing/0001104659-26-114342.json","markdown":"https://secwatch.observer/filing/0001104659-26-114342.md","text":"https://secwatch.observer/filing/0001104659-26-114342.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604191/000110465926114342/0001104659-26-114342-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604191/000110465926114342/tm2627109d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:55:01.604552+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}