{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000056","form_type":"8-K","ticker":null,"cik":"0001522222","company_name":"CLS Holdings USA, Inc.","filed_at":"2024-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.481768+00:00","generated_at":"2026-06-07T01:27:48.106925+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CLS Holdings raises $2.01M via secured notes and convertible debentures at 16% interest","bullets":["Raised $930K in secured promissory notes, 16% interest, due July 8, 2025.","Raised $1.08M in unsecured debentures convertible to common at $0.0333 per share, 16% interest.","Company plans to convert all debentures into shares before January 15, 2024, diluting equity.","Secured notes are quarterly pay; debentures can be paid in cash or stock at company's option."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000056","json":"https://secwatch.observer/filing/0001185185-24-000056.json","markdown":"https://secwatch.observer/filing/0001185185-24-000056.md","text":"https://secwatch.observer/filing/0001185185-24-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1522222/000118518524000056/0001185185-24-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1522222/000118518524000056/cls20240108_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T01:27:48.106925+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":"b40da8f1792990cffc8883cb20595c3d7733f242","claim":"CLS Holdings USA, Inc. incurred senior notes of $930,000 original principal amount at 16% annually maturing July 8, 2025.","evidence_excerpt":"On January 2, 2024, CLS Holdings USA, Inc. (the \"Company\") completed a private placement of $930,000 original principal amount of Secured Promissory Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522222/000118518524000056/0001185185-24-000056-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$930,000 original principal amount"},{"label":"Rate","value":"16% annually"},{"label":"Maturity","value":"July 8, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}