---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-085248"
form_type: "8-K"
ticker: "ADTX"
cik: "0001726711"
company_name: "Aditxt, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:07:21.690209+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aditxt enters $2.1M loan at 49% interest; director resigns, new director appointed

## Summary
- Loan principal $2.1M; net disbursement $871k after paying off Aug $1.4M loan and $140k origination fee.
- Total repayment $3.129M (interest charge $1.029M, 49% non-annualized rate); 34 weekly payments $69k–$99k.
- Director Namvar Kiaie resigned Nov 3, 2023, not due to any disagreement with the company.
- Charles Athle Nelson appointed director and chair of compensation committee, effective same day.
- Loan offers 20% discount if repaid in full by Jan 2, 2024.

## SEC filing metadata
- accession: 0001213900-23-085248
- form_type: 8-K
- ticker: ADTX
- cik: 0001726711
- company_name: Aditxt, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1726711/000121390023085248/0001213900-23-085248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1726711/000121390023085248/ea188017-8k_aditxtinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-085248
- JSON: https://secwatch.observer/filing/0001213900-23-085248.json
- Plain text: https://secwatch.observer/filing/0001213900-23-085248.txt

## Key facts
- Executive change
  Namvar Kiaie resigned as Director at Aditxt, Inc..
  - Action: resigned
  - Role: Director
  source text: On November 3, 2023, Namvar Kiaie notified the board of directors (the “Board”) of the Company that he intends to resign as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee effective November 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1726711/000121390023085248/0001213900-23-085248-index.htm
- Executive change
  Charles Athle Nelson was appointed as Director and Chair of Compensation Committee at Aditxt, Inc..
  - Action: appointed
  - Role: Director and Chair of Compensation Committee
  source text: On November 3, 2023, the Board, with the recommendation of the Nominating and Corporate Governance Committee, appointed Mr. Charles Athle Nelson as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, to become effective on November 3, 2023 following the resignation of Mr. Kiaie.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1726711/000121390023085248/0001213900-23-085248-index.htm
- Material Agreements
  Aditxt, Inc. entered into Business Loan and Security Agreement with a commercial funding source (the "Lender") valued at principal amount of $2,100,000 (effective 2023-11-07).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: a commercial funding source (the "Lender")
  - Value: principal amount of $2,100,000
  - Effective: 2023-11-07
  source text: On November 7, 2023, the Company entered into a Business Loan and Security Agreement (the “November Loan Agreement”) with the Lender, pursuant to which the Company obtained a loan from the Lender in the principal amount of $2,100,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1726711/000121390023085248/0001213900-23-085248-index.htm

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