secwatch.observer — SEC 8-K summary
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Issuer:     BIO KEY INTERNATIONAL INC (BKYI)
CIK:        0001019034
Form:       8-K
Filed at:   2026-10-02T21:02:23+00:00
Accession:  0001437749-26-031903
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BIO-key exchanges $416,315.80 of Streeterville debt for 247,805 shares, retiring original $1.13M note
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- BIO-key entered four Exchange Agreements with Streeterville Capital on Sept. 29, 2026, partitioning notes of $68,315.80, $116,000, $117,000, and $115,000 from the $1,130,000 Original Note.
- The $416,315.80 aggregate partitioned principal was exchanged for 247,805 BKYI common shares, and the $1,130,000 Original Note was paid in full.
- The Exchange Shares were issued under Section 3(a)(9) without registration; the agreement provides Rule 144 tacking to Streeterville's Sept. 30, 2025 holding period.
- Cecilia C. Welch signed as BIO-key CFO on Oct. 2, 2026; the Original Note was reduced by $416,315.80 and paid in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019034/000143774926031903/0001437749-26-031903-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019034/000143774926031903/bkyi20261002_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-031903

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