---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-080705"
form_type: "8-K"
ticker: "ONCO"
cik: "0001782107"
company_name: "Onconetix, Inc."
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T02:51:48.604659+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Onconetix amends forbearance with Veru; extends Note maturity to June 2025, raises payment percentages

## Summary
- Amended forbearance extends April 2024 Note forbearance to March 31, 2025; extends September 2024 Note maturity to June 30, 2025.
- 10% interest accrues on unpaid balances of both notes; monthly cash receipt payments increased from 15% to 25% (effective Oct 20).
- 20% of net proceeds from financings/asset sales to be paid to Veru (up from 10%); applicable to proceeds after Sept 19, 2024.
- If all principal and interest paid in cash by Dec 31, 2024, September Note principal reduced from $5M to $3.5M.
- Series A Preferred Stock to convert to common after reverse split; conversion shares to be unrestricted after one year.

## SEC filing metadata
- accession: 0001213900-24-080705
- form_type: 8-K
- ticker: ONCO
- cik: 0001782107
- company_name: Onconetix, Inc.
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782107/000121390024080705/0001213900-24-080705-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782107/000121390024080705/ea0215265-8k_onconetix.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-080705
- JSON: https://secwatch.observer/filing/0001213900-24-080705.json
- Plain text: https://secwatch.observer/filing/0001213900-24-080705.txt

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