secwatch.observer — SEC 8-K summary
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Issuer:     Aditxt, Inc. (ADTX)
CIK:        0001726711
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001213900-23-055532
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aditxt raises $590k via secured note and loan; issues 156k commitment shares
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- Secured promissory note of $375k principal sold for $250k net; 156,250 commitment shares issued as fee.
- Note maturity Dec 31, 2023; convertible post-shareholder approval at $0.45 per share.
- Business loan of $215k obtained with $10,750 origination fee; repayment of $322k in 14 weekly installments.
- Company must seek shareholder approval for any conversion shares exceeding 19.99% of outstanding (1,351,670 shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726711/000121390023055532/0001213900-23-055532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726711/000121390023055532/ea181344-8k_aditxtinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-055532

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