secwatch.observer — SEC 8-K summary
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Issuer:     Greenland Mines Ltd (GRML)
CIK:        0001907223
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001213900-25-119257
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Klotho Neurosciences raises ~$15M via sale of Series C convertible preferred stock to Sigma9 Capital
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- Sold 3,400 shares of Series C Preferred at $4,400/share to Sigma9 Capital Ltd for total proceeds of ~$15.0M.
- Each share convertible into 10,000 common shares, subject to 9.99% beneficial ownership cap and Nasdaq stockholder approval if needed.
- Conversion terms potentially add up to 34M shares of common stock upon conversion (dilutive).
- Closing expected by December 31, 2025; no underwriters, no commissions, relying on Section 4(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907223/000121390025119257/0001213900-25-119257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907223/000121390025119257/ea0268846-8k_klotho.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-119257

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer