{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-086150","form_type":"8-K","ticker":"MGAM","cik":"0001886362","company_name":"Mobile Global Esports, Inc.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.514720+00:00","generated_at":"2026-05-17T07:22:01.169427+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Mobile Global Esports issues $165K convertible note with 10% interest, maturing Sep 2026","bullets":["Aggregate principal $165,000 includes $15,000 original issue discount.","Interest 10% per annum, maturity September 8, 2026.","Convertible after 6 months at 65% of Market Price (avg of 3 lowest prices in 15 days).","Company may prepay at 97%–99% of principal within first 180 days.","Note issued to an unnamed investor; use not specified."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-086150","json":"https://secwatch.observer/filing/0001213900-25-086150.json","markdown":"https://secwatch.observer/filing/0001213900-25-086150.md","text":"https://secwatch.observer/filing/0001213900-25-086150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886362/000121390025086150/0001213900-25-086150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886362/000121390025086150/ea0256675-8k_mobile.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:22:01.169427+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d54f5e7ed52a8720f43b6eb358915a051b3af20b","claim":"Mobile Global Esports, Inc. incurred convertible notes of $165,000 with an investor at 10% per annum maturing September 8, 2026.","evidence_excerpt":"On September 9, 2025, Mobile Global Esports, Inc. (the “Company”) issued a convertible promissory note in the aggregate principal amount of $165,000 of which $15,000 is original issue discount (the “Note”) to an investor (the “Investor”). The Note bears interest at 10% per annum and has a maturity date of September 8, 2026.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886362/000121390025086150/0001213900-25-086150-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$165,000"},{"label":"Counterparty","value":"an investor"},{"label":"Rate","value":"10% per annum"},{"label":"Maturity","value":"September 8, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}