secwatch.observer — SEC 8-K summary
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Issuer:     SS Innovations International, Inc. (SSII)
CIK:        0001676163
Form:       8-K
Filed at:   2026-10-13T10:05:14+00:00
Accession:  0001213900-26-108624
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

SS Innovations sells $21.025M note to Growth Capital Partners for $20M; 8.75% rate, matures 2029
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- Issued $21,025,000 secured convertible note to Growth Capital Partners, LLC for $20,000,000; includes $1,000,000 OID and $25,000 investor expenses.
- Note bears 8.75% interest compounded daily, matures 36 months after Oct. 9, 2026 closing; secured by IP and assets of SSI IP Holdings and company, excluding SSI-India.
- Conversion price is 95% of Market Price; limited redemptions capped at greater of $50,000 or 10% of daily dollar volume; fixed monthly redemptions begin after 12 months at 1/24 of balance.
- Investor beneficial ownership capped at 4.99%, adjustable to 9.99%; 8,000,000-share reserve established, increasable in 100,000-share increments; Nasdaq Exchange Cap applies.
- Make-whole interest is 100% of remaining interest in year 1, 66.66% in year 2, 33.33% thereafter; guarantors include SSI IP Holdings, CardioVentures, Avra IP and Otto Pvt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676163/000121390026108624/0001213900-26-108624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676163/000121390026108624/ea0308062-8k_ssinnova.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-108624

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