---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022282"
form_type: "8-K"
ticker: "INIS"
cik: "0001038277"
company_name: "RADNOSTIX INC"
filed_at: "2026-07-01T20:08:34+00:00"
generated_at: "2026-07-01T20:09:08.633230+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Radnostix acquires Lara System assets for $900K; issues $500K convertible note to related party

## Summary
- Acquired Lara System and Ellexa Explorer assets from Lucerno Dynamics for $150K cash + $750K in stock (20-day VWAP).
- Potential milestone payments: $500K stock upon Nuclear Medicine Clarification Act approval, $250K stock on Lara System placements, plus earnouts.
- Issued $500K convertible promissory note to Kershner Grosso & Co. (owned by chairman) at 5% interest, convertible at $0.07/share, maturity 2031.
- Amended historic notes (2013, 2018, 2019) totaling ~$1.62M: extended maturity to 2031, released liens, added conversion rights at $0.07 and forced conversion at $0.12 VWAP.
- The note and amendments are related-party transactions approved by disinterested directors.

## SEC filing metadata
- accession: 0001437749-26-022282
- form_type: 8-K
- ticker: INIS
- cik: 0001038277
- company_name: RADNOSTIX INC
- filed_at: 2026-07-01T20:08:34+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1038277/000143774926022282/0001437749-26-022282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1038277/000143774926022282/inis20260629_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022282
- JSON: https://secwatch.observer/filing/0001437749-26-022282.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022282.txt

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