{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-000136","form_type":"8-K","ticker":null,"cik":"0001643301","company_name":"Avenir Wellness Solutions, Inc.","filed_at":"2024-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.953818+00:00","generated_at":"2026-06-06T23:55:35.450120+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Avenir Wellness secures $250K loan from CEO Nancy Duitch; draws $39K initially","bullets":["Loan facility up to $250,000 from CEO Nancy Duitch; initial draw of $39,000 on Jan 4, 2024.","Interest at 12% per annum (18% on default); maturity on demand or by March 31, 2024.","Company granted security interest in all present and future personal property.","Loan may be prepaid without penalty; additional advances up to $211,000 available."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-000136","json":"https://secwatch.observer/filing/0001477932-24-000136.json","markdown":"https://secwatch.observer/filing/0001477932-24-000136.md","text":"https://secwatch.observer/filing/0001477932-24-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643301/000147793224000136/0001477932-24-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643301/000147793224000136/avrw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:55:35.450120+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":"f94805440c27bdb3c6b9234cd78a99f583671fc9","claim":"Avenir Wellness Solutions, Inc. incurred loan of $250,000 with Nancy Duitch at 12% per annum, or 18% in the event of default maturing March 31, 2024.","evidence_excerpt":"On January 4, 2024, Avenir Wellness Solutions, Inc. (the “Company”) and Nancy Duitch, the Chief Executive Officer of the Company (the “Executive”), entered into that certain Senior Secured Promissory Note and Security Agreement (the “Agreement”). The Agreement provides for a secured loan facility of up to $250,000, of which the Company borrowed an initial amount of $39,000 (the “Initial Principal Amount”) on January 4, 2024.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643301/000147793224000136/0001477932-24-000136-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$250,000"},{"label":"Counterparty","value":"Nancy Duitch"},{"label":"Rate","value":"12% per annum, or 18% in the event of default"},{"label":"Maturity","value":"March 31, 2024"},{"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"}