secwatch.observer — SEC 8-K summary
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Issuer:     BioCorRx Inc. (BICX)
CIK:        0001443863
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001477932-23-002272
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioCorRx raises $600k from directors via stock and warrants; converts $314k note to equity
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- Directors Galligan and Lucido each invest $300k at $1.75/share, receive warrants for equal shares at $4.00.
- Lucido exchanges $313,892 promissory note for 183,606 shares of common stock, canceling the note.
- Total shares issued: 342,592 from subscriptions plus 183,606 from note exchange = 526,198 shares.
- Warrants exercisable for 3 years at $4.00 per share, issued to both directors.
- Securities issued in private placement exempt from registration under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1443863/000147793223002272/0001477932-23-002272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1443863/000147793223002272/bicx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-002272

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