---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-054508"
form_type: "8-K"
ticker: "GRML"
cik: "0001907223"
company_name: "Greenland Mines Ltd"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T07:03:36.119008+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Klotho Neurosciences raises over $11M, retires all debt, exceeds Nasdaq equity requirement

## Summary
- Raised $11M+ from warrant exercises over June 8-13, 2025; Chardan acted as exclusive financial advisor.
- Used $3.1M of proceeds to extinguish all outstanding debt, resulting in a debt-free balance sheet.
- Believes stockholders' equity now exceeds Nasdaq's $2.5M minimum requirement for continued listing.
- Intends to notify Nasdaq to request a compliance determination; no assurance of outcome provided.

## SEC filing metadata
- accession: 0001213900-25-054508
- form_type: 8-K
- ticker: GRML
- cik: 0001907223
- company_name: Greenland Mines Ltd
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907223/000121390025054508/0001213900-25-054508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907223/000121390025054508/ea0245819-8k_klotho.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-054508
- JSON: https://secwatch.observer/filing/0001213900-25-054508.json
- Plain text: https://secwatch.observer/filing/0001213900-25-054508.txt

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