secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001279569-25-000056
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i-80 Gold amends debentures, extends Orion loan, prices $10M equity at C$0.80
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- Convertible debenture amendments: conversion price at 85% of 5-day VWAP, senior secured on McCoy-Cove, redemption at 104% premium.
- Orion convertible credit agreement extended to June 30, 2026; 5M warrants issued at C$1.01, expiring Jan 2029.
- $10M common share offering priced at C$0.80; expected closing Jan 31, 2025.
- Waiver of event of default under Orion gold prepay and silver stream agreements conditioned on debenture amendments by Feb 28.
- Second phase of recapitalization plan targeted for completion by March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000127956925000056/0001279569-25-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000127956925000056/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001279569-25-000056

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