---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-005539"
form_type: "8-K"
ticker: "BLGO"
cik: "0000880242"
company_name: "BIOLARGO, INC."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:58:09.230974+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BioLargo unwinds 2018 Scion deal, transfers SkinDisc IP back, cancels $1.25M note

## Summary
- BioLargo and Clyra assign SkinDisc IP (patents, trademark) back to Scion; Scion keeps 2M BioLargo shares.
- Scion forgives $1.25M promissory note principal ($1.007M outstanding) plus $152,716 accrued interest.
- Scion returns 31,000 Clyra shares; Clyra cancels $305,450 in consulting debts owed to Brown, Rhodes, Liden.
- Spencer Brown resigns from Clyra board; five-year non-compete on copper-iodine vs SkinDisc tech.
- Mutual releases of all claims; BioLargo converts $633,091 Clyra advances into 2,042 Clyra shares.

## SEC filing metadata
- accession: 0001437749-22-005539
- form_type: 8-K
- ticker: BLGO
- cik: 0000880242
- company_name: BIOLARGO, INC.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880242/000143774922005539/0001437749-22-005539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880242/000143774922005539/blgo20220307_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-005539
- JSON: https://secwatch.observer/filing/0001437749-22-005539.json
- Plain text: https://secwatch.observer/filing/0001437749-22-005539.txt

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