---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-106440"
form_type: "8-K"
ticker: null
cik: "0001777946"
company_name: "IronNet, Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:47:52.621830+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# IronNet issues $595K secured convertible note to C5 Capital affiliate

## Summary
- Fifth C5 Note issued on April 13, 2023, in principal amount of $595,000 to entity affiliated with C5 Capital (beneficial owner >5% of common stock).
- Note has same interest rate, maturity, and conversion terms as earlier C5 notes; secured by substantially all assets except intellectual property.
- Note and shares issuable upon conversion are unregistered, relying on Section 4(a)(2) exemption under the Securities Act.

## SEC filing metadata
- accession: 0001193125-23-106440
- form_type: 8-K
- cik: 0001777946
- company_name: IronNet, Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777946/000119312523106440/0001193125-23-106440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777946/000119312523106440/d482721d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-106440
- JSON: https://secwatch.observer/filing/0001193125-23-106440.json
- Plain text: https://secwatch.observer/filing/0001193125-23-106440.txt

## Key facts
- Debt Financings
  IronNet, Inc. incurred convertible notes of $595,000 with C5 at same terms as previously issued secured promissory notes maturing same terms as previously issued secured promissory notes.
  - Instrument: convertible notes
  - Principal: $595,000
  - Counterparty: C5
  - Rate: same terms as previously issued secured promissory notes
  - Maturity: same terms as previously issued secured promissory notes
  - Event: incurrence
  source text: On April 13, 2023, IronNet, Inc. (the “ Company ”) issued a secured convertible promissory note in the principal amount of $595,000 (the “ Fifth C5 Note ”) to an entity affiliated with C5 Capital Limited (“ C5 ”), a beneficial owner of more than 5% of the Company’s outstanding common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777946/000119312523106440/0001193125-23-106440-index.htm
- Material Agreements
  IronNet, Inc. entered into Fifth C5 Note with an entity affiliated with C5 Capital Limited valued at $595,000 (effective 2023-04-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: an entity affiliated with C5 Capital Limited
  - Value: $595,000
  - Effective: 2023-04-13
  source text: On April 13, 2023, IronNet, Inc. (the “ Company ”) issued a secured convertible promissory note in the principal amount of $595,000 (the “ Fifth C5 Note ”) to an entity affiliated with C5 Capital Limited (“ C5 ”), a beneficial owner of more than 5% of the Company’s outstanding common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777946/000119312523106440/0001193125-23-106440-index.htm

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