{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-001242","form_type":"8-K","ticker":"BKYI","cik":"0001019034","company_name":"BIO KEY INTERNATIONAL INC","filed_at":"2025-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.712845+00:00","generated_at":"2026-05-27T23:42:40.462134+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BIO-key raises ~$3.8M via warrant exercise; exchanges $834K debt for equity","bullets":["Exercised 2,061,112 existing warrants at $1.85/share, gross proceeds ~$3.8M before fees.","Issued new Series A & B warrants for up to 1,545,834 shares each at $2.15, expiring in 5 years.","Exchanged $834K of promissory note for 489,635 shares; note balance reduced to ~$738,400.","Net proceeds to be used for working capital and partial repayment of secured note.","Maxim Group acted as placement agent with 6.0% cash fee on gross proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-001242","json":"https://secwatch.observer/filing/0001437749-25-001242.json","markdown":"https://secwatch.observer/filing/0001437749-25-001242.md","text":"https://secwatch.observer/filing/0001437749-25-001242.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019034/000143774925001242/0001437749-25-001242-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019034/000143774925001242/bkyi20250116_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:42:40.462134+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"}