---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-107459"
form_type: "8-K"
ticker: "GRML"
cik: "0001907223"
company_name: "Greenland Mines Ltd"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:19:00.495588+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Klotho Neurosciences enters $1.2M convertible note with 20% OID, 2M inducement shares

## Summary
- Principal $1.2M, 20% original-issue discount, unsecured, no interest, matures Dec 4, 2025.
- Convertible into common at $0.25/share after stockholder approval; 4.99% ownership cap applies.
- Investor Austria Capital LLC received 2,000,000 common shares as inducement to purchase the note.
- Note issued under Section 4(a)(2) private placement; no affirmative or restrictive covenants.

## SEC filing metadata
- accession: 0001213900-24-107459
- form_type: 8-K
- ticker: GRML
- cik: 0001907223
- company_name: Greenland Mines Ltd
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907223/000121390024107459/0001213900-24-107459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907223/000121390024107459/ea0224296-8k_klotho.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-107459
- JSON: https://secwatch.observer/filing/0001213900-24-107459.json
- Plain text: https://secwatch.observer/filing/0001213900-24-107459.txt

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