{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-008029","form_type":"8-K","ticker":null,"cik":"0001906133","company_name":"iCoreConnect Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.369555+00:00","generated_at":"2026-06-09T03:21:56.158902+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iCoreConnect raises ~$795K via three debt deals with 12% interest and warrants","bullets":["Oct 26: $200K promissory note to former officer, matures Dec 31, 2023, 12% interest, warrant for 14K shares at $2.15.","Oct 26: $94,685.91 convertible note to same officer, matures Oct 26, 2028, converts at $1.80/share, plus 6,629 inducement shares and warrant for 6,629 shares at $2.15.","Oct 31: $500K convertible note to another investor, matures Oct 31, 2024, 12% interest, convertible at 120% of closing price.","All securities issued in private placements under Section 4(a)(2) and Regulation D."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-008029","json":"https://secwatch.observer/filing/0001477932-23-008029.json","markdown":"https://secwatch.observer/filing/0001477932-23-008029.md","text":"https://secwatch.observer/filing/0001477932-23-008029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1906133/000147793223008029/0001477932-23-008029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1906133/000147793223008029/icct_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:21:56.158902+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c6d2d169bfd8f9b8f46e0b0844e8f19209338247","claim":"iCoreConnect Inc. incurred convertible notes of $500,000 with an investor at 12% per annum maturing October 31, 2024.","evidence_excerpt":"the Company entered into a securities purchase agreement with an investor, pursuant to which the Company issued the investor a convertible promissory note in principal amount of $500,000 (the “Additional Convertible Promissory Note”) in exchange for $500,000. The maturity of the Additional Convertible Promissory Note is October 31, 2024 and carries an interest","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1906133/000147793223008029/0001477932-23-008029-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$500,000"},{"label":"Counterparty","value":"an investor"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"October 31, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d03ca2cc63f3dc628a8fd414f52dc39f809bc561","claim":"iCoreConnect Inc. incurred convertible notes of $94,685.91 with former officer of the Company at 12% per annum maturing October 26, 2028.","evidence_excerpt":"into an additional securities purchase agreement with the same investor, pursuant to which the Company issued the investor a convertible promissory note in principal amount of $94,685.91 (the “Convertible Promissory Note”) in exchange for $94,685.91. The maturity of the Convertible Promissory Note is October 26, 2028 and carries an interest rate of 12% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1906133/000147793223008029/0001477932-23-008029-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$94,685.91"},{"label":"Counterparty","value":"former officer of the Company"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"October 26, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"de77c42bb359c32fa89dd97e736ee8bde42385ea","claim":"iCoreConnect Inc. incurred loan of $200,000 with former officer of the Company at 12% per annum maturing December 31, 2023.","evidence_excerpt":"entered into a securities purchase agreement with a former officer of the Company, pursuant to which the Company issued the investor a promissory note in principal amount of $200,000 (the “Promissory Note”) in exchange for $200,000. The maturity of the Promissory Note is December 31, 2023 and carries an interest rate of 12% per annum. In conjunction with the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1906133/000147793223008029/0001477932-23-008029-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$200,000"},{"label":"Counterparty","value":"former officer of the Company"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"December 31, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}