secwatch.observer — SEC 8-K summary
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Issuer:     Dror Ortho-Design, Inc. (DROR)
CIK:        0001282980
Form:       8-K
Filed at:   2026-08-19T21:01:09+00:00
Accession:  0001213900-26-091749
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dror Ortho-Design issues $275,000 convertible debentures due Oct 19, 2026
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- Private placement of $275,000 principal 0% interest debentures, maturity October 19, 2026.
- Debentures auto-convert into common stock at public offering price if a public offering occurs before maturity.
- Warrants contingent on public offering; 150% of conversion shares if debentures outstanding, 100% if repaid.
- Each purchaser capped at 9.99% beneficial ownership; warrants expire 5 years from issuance.
- Exempt from registration under Section 4(a)(2) and Regulation D; purchasers are accredited investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282980/000121390026091749/0001213900-26-091749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282980/000121390026091749/ea0302752-8k_dror.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-091749

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