{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-115059","form_type":"8-K","ticker":"UUU","cik":"0000102109","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","filed_at":"2026-10-09T20:30:22+00:00","discovered_at":"2026-10-09T20:32:00.264541+00:00","generated_at":"2026-10-12T15:06:57.442926+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Universal Safety Products amends SJC Lending deal; up to $2.65M convertible notes, 8% interest, 1-year maturity","bullets":["A&R Securities Purchase Agreement dated Oct 9, 2026 with SJC Lending LLC; convertible notes up to $2,650,000 aggregate principal for up to $2.5M purchase price.","Notes: 8% interest (20% on default), mature 1 year from issuance, 6% original issue discount; convertible at greater of $1.00 floor or 80% of 5-day lowest VWAP, capped at $10.00.","Initial $1,060,000 note issued June 12, 2026 ($1M price); second $530,000 note July 29, 2026 ($500K); final $1,060,000 tranche due within 30 days after resale registration effective.","SJC gets Additional Investment Right to buy another $2.65M of notes for $2.5M within 3 months of final closing, up to $10.6M aggregate; plus 1-year right of first refusal on future offerings.","Issuing Conversion Shares above 19.99% of outstanding common requires stockholder approval; company seeks new approval after July 31, 2026 vote covered only Original Agreement notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-115059","json":"https://secwatch.observer/filing/0001104659-26-115059.json","markdown":"https://secwatch.observer/filing/0001104659-26-115059.md","text":"https://secwatch.observer/filing/0001104659-26-115059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102109/000110465926115059/0001104659-26-115059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102109/000110465926115059/tm2627371d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:06:57.442926+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"}