{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-011723","form_type":"8-K","ticker":"VRME","cik":"0001104038","company_name":"VerifyMe, Inc.","filed_at":"2023-08-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.148718+00:00","generated_at":"2026-06-11T02:48:02.541644+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"VerifyMe raises $1.1M via 8% convertible notes led by CEO and board","bullets":["Convertible notes aggregate principal $1.1M, 8% interest, mature Aug 25, 2026.","Conversion price $1.15 per share, equal to prior day's Nasdaq close.","CEO Adam Stedham, Chairman Scott Greenberg, and directors lead insider participation.","Net proceeds for general corporate purposes; notes are unsecured and subordinated.","Notes sold in private placement exempt from registration; no redemption by company."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-011723","json":"https://secwatch.observer/filing/0001214659-23-011723.json","markdown":"https://secwatch.observer/filing/0001214659-23-011723.md","text":"https://secwatch.observer/filing/0001214659-23-011723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104038/000121465923011723/0001214659-23-011723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104038/000121465923011723/o8252308k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:48:02.541644+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":"6b02e8ad8bc754cdfde00d39b7cd48c25f8ac4ed","claim":"VerifyMe, Inc. incurred convertible notes of $1.1 million with the investors named therein at 8% per year maturing August 25, 2026.","evidence_excerpt":"On August 25, 2023, VerifyMe, Inc. (the “Company”) entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”) with the investors named therein (the “Investors”) for the sale of convertible promissory notes (“Notes”) in the aggregate principal amount of $1.1 million (the “Private Placement”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104038/000121465923011723/0001214659-23-011723-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1.1 million"},{"label":"Counterparty","value":"the investors named therein"},{"label":"Rate","value":"8% per year"},{"label":"Maturity","value":"August 25, 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"}