secwatch.observer — SEC 8-K summary
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Issuer:     MedWellAI, Inc. (MWAI)
CIK:        0001520118
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0001477932-22-004856
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Integrated Ventures signs 5-year 5MW hosting deal with Compute North, secures $500k loan with shares
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- 5-year colocation deal with Compute North for 1,575 S19J Pro miners at Wolf Hollow, TX; deployment starts July 15, 2022.
- Total miners expected to exceed 3,000 across 3 locations (NE, TX, PA) using over 10MW power by mid-August.
- Secured $500,000 loan from BHP Capital NY with $130,000 fixed interest due Dec 15, 2022, plus 2M inducement shares.
- Note is secured, defaults trigger 18% interest; proceeds used for equipment and deposit on hosting deal.
- CEO Steve Rubakh confirms expansion; mining fleet will increase from current levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520118/000147793222004856/0001477932-22-004856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520118/000147793222004856/intv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-004856

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