{"schema_version":"secwatch.filing_event.v1","accession":"0001161697-23-000188","form_type":"8-K","ticker":null,"cik":"0001161582","company_name":"GROWLIFE, INC.","filed_at":"2023-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.000828+00:00","generated_at":"2026-06-17T11:48:41.716838+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Growlife issues $125K convertible note and 3.125M commitment shares to Fourth Man LLC","bullets":["Principal $125,000; original issue discount $21,250; net proceeds $92,987.50.","Interest at 10% per annum, first-year interest $12,500 guaranteed; maturity 12 months.","Conversion price $0.01 per share, subject to standard anti-dilution adjustments.","3,125,000 commitment shares issued as additional consideration; 2,125,000 may be cancelled if note repaid by June 21, 2023.","Investor granted piggyback registration rights on shares underlying the note and commitment shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001161697-23-000188","json":"https://secwatch.observer/filing/0001161697-23-000188.json","markdown":"https://secwatch.observer/filing/0001161697-23-000188.md","text":"https://secwatch.observer/filing/0001161697-23-000188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1161582/000116169723000188/0001161697-23-000188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1161582/000116169723000188/form_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T11:48:41.716838+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":"d1cc03d912e5a85f6b01a5c212570a2d266ce4a2","claim":"GROWLIFE, INC. incurred convertible notes of $125,000.00 with Fourth Man LLC at ten percent (10%) maturing twelve (12) months from the Issue Date.","evidence_excerpt":"On March 21, 2023 (the “Issue Date”), Growlife, Inc. a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Fourth Man LLC, a Nevada limited liability company (the “Investor”), pursuant to which the Company sold Investor a Convertible Promissory Note (the “Note”) in the principal aggregate amount of $125,000.00","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161582/000116169723000188/0001161697-23-000188-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$125,000.00"},{"label":"Counterparty","value":"Fourth Man LLC"},{"label":"Rate","value":"ten percent (10%)"},{"label":"Maturity","value":"twelve (12) months from the Issue Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2c41caabc0c20cb85c3a3bcc48d13db5737b6314","claim":"GROWLIFE, INC. entered into Securities Purchase Agreement with Fourth Man LLC valued at $125,000.00 (effective 2023-03-21).","evidence_excerpt":"On March 21, 2023 (the “Issue Date”), Growlife, Inc. a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Fourth Man LLC, a Nevada limited liability company (the “Investor”), pursuant to which the Company sold Investor a Convertible Promissory Note (the “Note”) in the principal aggregate amount of $125,000.00","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161582/000116169723000188/0001161697-23-000188-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Fourth Man LLC"},{"label":"Value","value":"$125,000.00"},{"label":"Effective","value":"2023-03-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}