secwatch.observer — SEC 8-K summary
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Issuer:     Accredited Solutions, Inc. (ASII)
CIK:        0001464865
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001477932-21-007631
Event type: debt
Sentiment:  negative
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Good Hemp issues $87,500 convertible note to Sixth Street Lending
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- Net proceeds $85,000 after $2,000 legal fees and $500 due diligence.
- Note bears 5% annual interest, matures October 19, 2022.
- Conversion price at 65% of lowest closing bid over prior 20 trading days, beginning 180 days after issuance.
- Prepayment penalty of 125% of outstanding principal plus interest if paid within 180 days.
- Beneficial ownership limited to 4.99%, not subject to waiver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1464865/000147793221007631/0001477932-21-007631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1464865/000147793221007631/ghmp_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-21-007631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer