secwatch.observer — SEC 8-K summary
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Issuer:     NutriBand Inc. (NTRB)
CIK:        0001676047
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001213900-24-045330
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutriband converts $300K debt into 76,230 shares at $4.00 per share
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- Converted $300,000 principal plus $4,921.79 accrued interest on a Creditline Promissory Note.
- Conversion price of $4.00 per share; 76,230 shares of common stock issued to TII Jet Services LDA.
- Effective May 14, 2024; shares issued as unregistered securities under an exemption.
- Reduces outstanding note debt while increasing share count and diluting existing holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676047/000121390024045330/0001213900-24-045330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676047/000121390024045330/ea0206544-8k_nutri.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-045330

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