---
schema_version: "secwatch.filing_event.v1"
accession: "0001262463-25-000111"
form_type: "8-K"
ticker: "TWOH"
cik: "0001494413"
company_name: "Two Hands Corp"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:38:05.549736+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Two Hands issues $94,300 convertible note to 1800 Diagonal with aggressive discount conversion

## Summary
- Principal $94,300 sold at $82,000; net proceeds $75,000 after $2,500 legal and $4,500 due diligence fees.
- Note matures Feb 1, 2026, bears 10% interest, convertible after 180 days at 75% of lowest closing bid in prior 10 trading days.
- Conversion limited to 4.99% beneficial ownership; prepayment penalties range from 115% to 125% depending on timing.
- Right of first refusal granted to 1800 Diagonal for financings up to $1M over 12 months.
- Issuance exempt from registration under Section 4(a)(2); no public offering.

## SEC filing metadata
- accession: 0001262463-25-000111
- form_type: 8-K
- ticker: TWOH
- cik: 0001494413
- company_name: Two Hands Corp
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494413/000126246325000111/0001262463-25-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494413/000126246325000111/twoh8k52025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262463-25-000111
- JSON: https://secwatch.observer/filing/0001262463-25-000111.json
- Plain text: https://secwatch.observer/filing/0001262463-25-000111.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.