{"schema_version":"secwatch.filing_event.v1","accession":"0001120970-22-000093","form_type":"8-K","ticker":"LODE","cik":"0001120970","company_name":"Comstock Inc.","filed_at":"2022-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.666959+00:00","generated_at":"2026-06-21T02:22:03.666144+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Comstock closes $3.15M convertible note, expects >$30M from asset sales in Q1 2023","bullets":["Issued $3.15M face value 8% convertible note due March 2024, net proceeds $3M after 5% OID.","Up to $2M of note redeemable at 110% after 30 days; conversion price initially $0.50 then formula-based.","Company expects >$30M from sale of non-mining properties and non-strategic investments in Q1 2023.","Note includes anti-dilution adjustments and 15% penalty if not redeemed/converted by maturity."],"urls":{"canonical":"https://secwatch.observer/filing/0001120970-22-000093","json":"https://secwatch.observer/filing/0001120970-22-000093.json","markdown":"https://secwatch.observer/filing/0001120970-22-000093.md","text":"https://secwatch.observer/filing/0001120970-22-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120970/000112097022000093/0001120970-22-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120970/000112097022000093/lode-20221216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:22:03.666144+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":[{"claim_id":"eeee7a34b761e2b8d3ef0035dc4c3b7d37777065","claim":"Comstock Inc. incurred convertible notes of $3,150,000 original aggregate principal amount with an investor at 8% per annum maturing March 16, 2024.","evidence_excerpt":"the issuance of an 8.0% Convertible Promissory Note due March 16, 2024 (the “Convertible Note”). The Convertible Note was issued with an original aggregate principal amount of $3,150,000 (the “Face Value”). The Convertible Note was issued with 5% original issue discount, meaning that the purchase price paid by the Investor for the Convertible Note was $3,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120970/000112097022000093/0001120970-22-000093-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,150,000 original aggregate principal amount"},{"label":"Counterparty","value":"an investor"},{"label":"Rate","value":"8% per annum"},{"label":"Maturity","value":"March 16, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5501276006626ac63f1cee0f3b0933959486695a","claim":"Comstock Inc. entered into Securities Purchase Agreement with an investor valued at $3,150,000 (effective 2022-12-16).","evidence_excerpt":"On December 16, 2022, Comstock Inc. (the “Company”) has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”), relating to the issuance of an 8.0% Convertible Promissory Note due March 16, 2024 (the “Convertible Note”). The Convertible Note was issued with an original aggregate principal amount of $3,150,000 (the “Face Value”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120970/000112097022000093/0001120970-22-000093-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an investor"},{"label":"Value","value":"$3,150,000"},{"label":"Effective","value":"2022-12-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}