---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-009319"
form_type: "8-K"
ticker: null
cik: "0001906133"
company_name: "iCoreConnect Inc."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:22:10.261971+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iCoreConnect raises $640k via convertible notes with 12% interest and 120% conversion premium

## Summary
- Issued $500k convertible note to an existing investor on Dec 18, 2023, maturing Dec 18, 2024.
- Issued two $70k convertible notes to separate investors on Dec 19, 2023, maturing Dec 19, 2024.
- All notes carry 12% annual interest and initial conversion at 120% of closing price on issuance date.
- Notes sold as unregistered securities under Rule 506(b)/Section 4(a)(2) to accredited investors.
- Proceeds used for general corporate purposes; no material change in operations disclosed.

## SEC filing metadata
- accession: 0001477932-23-009319
- form_type: 8-K
- cik: 0001906133
- company_name: iCoreConnect Inc.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/0001477932-23-009319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/icct_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-009319
- JSON: https://secwatch.observer/filing/0001477932-23-009319.json
- Plain text: https://secwatch.observer/filing/0001477932-23-009319.txt

## Key facts
- Debt Financings
  iCoreConnect Inc. incurred convertible notes of $500,000 with existing investor at 12% per annum maturing December 18, 2024.
  - Instrument: convertible notes
  - Principal: $500,000
  - Counterparty: existing investor
  - Rate: 12% per annum
  - Maturity: December 18, 2024
  - Event: incurrence
  source text: ☐ Item 1.01 Entry Into a Material Definitive Agreement On December 18, 2023, the Company entered into a securities purchase agreement with an existing investor, pursuant to which the Company issued the investor a convertible note in principal amount of $500,000 in exchange for $500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/0001477932-23-009319-index.htm
- Debt Financings
  iCoreConnect Inc. incurred convertible notes of $70,000 with two separate investors at 12% per annum maturing December 19, 2024.
  - Instrument: convertible notes
  - Principal: $70,000
  - Counterparty: two separate investors
  - Rate: 12% per annum
  - Maturity: December 19, 2024
  - Event: incurrence
  source text: On December 19, 2023, the Company entered into two securities purchase agreements with two separate investors, pursuant to which the Company issued each investor a convertible note each in principal amount of $70,000 in exchange for $70,000 each.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/0001477932-23-009319-index.htm
- Material Agreements
  iCoreConnect Inc. entered into securities purchase agreement with two separate investors valued at $70,000 each (effective 2023-12-19).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: two separate investors
  - Value: $70,000 each
  - Effective: 2023-12-19
  source text: On December 19, 2023, the Company entered into two securities purchase agreements with two separate investors, pursuant to which the Company issued each investor a convertible note each in principal amount of $70,000 in exchange for $70,000 each.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/0001477932-23-009319-index.htm
- Material Agreements
  iCoreConnect Inc. entered into securities purchase agreement with an existing investor valued at $500,000 (effective 2023-12-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an existing investor
  - Value: $500,000
  - Effective: 2023-12-18
  source text: On December 18, 2023, the Company entered into a securities purchase agreement with an existing investor, pursuant to which the Company issued the investor a convertible note in principal amount of $500,000 in exchange for $500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000147793223009319/0001477932-23-009319-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.