---
schema_version: "secwatch.filing_event.v1"
accession: "0001326110-23-000028"
form_type: "8-K"
ticker: "IBRX"
cik: "0001326110"
company_name: "ImmunityBio, Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:39:41.243130+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ImmunityBio issues $30M convertible promissory note to Nant Capital, LLC

## Summary
- $30M principal, Term SOFR + 8% interest, due Dec 31, 2023.
- Investor is Nant Capital, LLC, affiliated with Executive Chairman Dr. Patrick Soon-Shiong.
- Net proceeds $29.85M after 0.5% origination fee; funds for pre-commercialization, R&D, and corporate purposes.
- Convertible at holder's option after next insider trading window opens at greater of Nasdaq closing or bid price.

## SEC filing metadata
- accession: 0001326110-23-000028
- form_type: 8-K
- ticker: IBRX
- cik: 0001326110
- company_name: ImmunityBio, Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326110/000132611023000028/0001326110-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326110/000132611023000028/ibrx-20230331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326110-23-000028
- JSON: https://secwatch.observer/filing/0001326110-23-000028.json
- Plain text: https://secwatch.observer/filing/0001326110-23-000028.txt

## Key facts
- Material Agreements
  ImmunityBio, Inc. entered into $30.0 million convertible promissory note with Nant Capital, LLC valued at $30.0 million (effective 2023-03-31).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Nant Capital, LLC
  - Value: $30.0 million
  - Effective: 2023-03-31
  source text: On March 31, 2023, ImmunityBio, Inc. (the “Company”) executed a $30.0 million convertible promissory note with Nant Capital, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326110/000132611023000028/0001326110-23-000028-index.htm

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