{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-021599","form_type":"8-K","ticker":"BKYI","cik":"0001019034","company_name":"BIO KEY INTERNATIONAL INC","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.908864+00:00","generated_at":"2026-06-01T00:24:09.818473+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BIO-key issues $2.36M secured note to Streeterville Capital; net proceeds $2M for working capital","bullets":["$2,360,000 principal senior secured note issued to Streeterville Capital; net proceeds $2,000,000 after OID and fees.","Interest at 9% per annum, 18-month term; exit fee of 7%; monthly redemptions of up to $270k starting month 6.","Secured by substantially all assets; subsidiary Pistol Star provides guarantee.","Mandatory prepayment of 40% from future fundraising (incl. warrant exercises).","Proceeds used for general working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-021599","json":"https://secwatch.observer/filing/0001437749-24-021599.json","markdown":"https://secwatch.observer/filing/0001437749-24-021599.md","text":"https://secwatch.observer/filing/0001437749-24-021599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019034/000143774924021599/0001437749-24-021599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019034/000143774924021599/bkyi20240626_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:24:09.818473+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}