---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-006105"
form_type: "8-K"
ticker: "GRML"
cik: "0001907223"
company_name: "Greenland Mines Ltd"
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T11:55:33.854502+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Klotho Neurosciences raises $2M via convertible notes and warrants with institutional investor

## Summary
- Aggregate purchase price of $2M for convertible notes (principal $2,173,914) and warrants (4M shares).
- First closing: $1M for $1,086,957 note (7% interest, 8% OID) and warrant to buy 2M shares at $0.50.
- Notes convertible at $0.25/share; conversion capped at 4.99% (9.99% optional) of outstanding common stock.
- Registration statement to be filed within 15 days; second $1M closing conditional on SEC effectiveness.
- Stockholder meeting within 90 days to approve issuance exceeding 19.99% of outstanding shares; voting agreement in place.

## SEC filing metadata
- accession: 0001213900-25-006105
- form_type: 8-K
- ticker: GRML
- cik: 0001907223
- company_name: Greenland Mines Ltd
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907223/000121390025006105/0001213900-25-006105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907223/000121390025006105/ea0228576-8k_klotho.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-006105
- JSON: https://secwatch.observer/filing/0001213900-25-006105.json
- Plain text: https://secwatch.observer/filing/0001213900-25-006105.txt

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