---
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"
generated_at: "2026-10-12T15:55:01.604552+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GridAI adds $536K third advance to Pronghorn note; aggregate principal $3.5M, convertible into 10% of Pronghorn

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-114342
- JSON: https://secwatch.observer/filing/0001104659-26-114342.json
- Plain text: https://secwatch.observer/filing/0001104659-26-114342.txt

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