{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-036700","form_type":"8-K","ticker":"LODE","cik":"0001120970","company_name":"Comstock Inc.","filed_at":"2024-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.719061+00:00","generated_at":"2026-05-29T08:05:34.924156+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Comstock raises $2.5M via 6% convertible note with step-down conversion price and share penalty","bullets":["Issued up to $2.66M principal 6% convertible note due Apr 4, 2026; initial $2.5M funded Dec 4, 2024.","Second tranche of $500k due by Jan 1, 2025; both include 6% original-issue discount.","Conversion: 200% of closing price for first 20 days, then 88% of lowest 6-day VWAP (80% in default).","Prepayment allowed at 120% of principal plus accrued interest with 30-day notice.","Issuer to deliver 5% of principal in commitment shares (2% restricted, 3% registered) based on 20-day VWAP."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-036700","json":"https://secwatch.observer/filing/0001437749-24-036700.json","markdown":"https://secwatch.observer/filing/0001437749-24-036700.md","text":"https://secwatch.observer/filing/0001437749-24-036700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120970/000143774924036700/0001437749-24-036700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120970/000143774924036700/lode20241202_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T08:05:34.924156+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"}