{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-000582","form_type":"8-K","ticker":null,"cik":"0001906133","company_name":"iCoreConnect Inc.","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.287426+00:00","generated_at":"2026-06-06T05:55:29.626237+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"iCoreConnect issues $55,000 in 12% convertible notes; maturity Feb 2025","bullets":["Issued two convertible notes totaling $55,000 ($50k and $5k) on Feb 1, 2024.","Notes mature Feb 1, 2025, bear 12% annual interest, convertible at 120% of issuance-date closing price.","Sale is unregistered, relying on Section 4(a)(2) and Regulation D accredited investor exemption.","Proceeds provide modest working capital; conversion could dilute equity if stock price rises."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-000582","json":"https://secwatch.observer/filing/0001477932-24-000582.json","markdown":"https://secwatch.observer/filing/0001477932-24-000582.md","text":"https://secwatch.observer/filing/0001477932-24-000582.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1906133/000147793224000582/0001477932-24-000582-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1906133/000147793224000582/icct_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:55:29.626237+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":"4116f3c371afece17aa6351e52a578972622a359","claim":"iCoreConnect Inc. incurred convertible notes of $5,000 at 12% per annum maturing February 1, 2025.","evidence_excerpt":"On February 1, 2024, the Company entered into a securities purchase agreement with an investor, pursuant to which the Company issued the investor a convertible note in principal amount of $5,000 in exchange for $5,000. The maturity of the convertible note is February 1, 2025 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/1906133/000147793224000582/0001477932-24-000582-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$5,000"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"February 1, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"54a24d11bbb9e0bf02a3d2d088d5a0071b631a46","claim":"iCoreConnect Inc. incurred convertible notes of $50,000 at 12% per annum maturing February 1, 2025.","evidence_excerpt":"On February 1, 2024, the Company entered into a securities purchase agreement with an investor, pursuant to which the Company issued the investor a convertible note in principal amount of $50,000 in exchange for $50,000. The maturity of the convertible note is February 1, 2025 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/1906133/000147793224000582/0001477932-24-000582-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$50,000"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"February 1, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d612d48571ec12b8a3da7209a219f362f13c33e9","claim":"iCoreConnect Inc. entered into Securities Purchase Agreement and Convertible Note with Investor valued at $55,000 total principal amount of convertible notes ($50,000 and $5,000) (effective 2024-02-01).","evidence_excerpt":"On February 1, 2024, the Company entered into a securities purchase agreement with an investor, pursuant to which the Company issued the investor a convertible note in principal amount of $50,000 in exchange for $50,000. The maturity of the convertible note is February 1, 2025 and carries an interest rate of 12% per annum and is initially convertible into Company common stock at a conversion rate equal to 120% of the closing price of the Company’s common stock on the date of issuance. On February 1, 2024, the Company entered into a securities purchase agreement with an investor, pursuant to which the Company issued the investor a convertible note in principal amount of $5,000 in exchange for $5,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1906133/000147793224000582/0001477932-24-000582-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Investor"},{"label":"Value","value":"$55,000 total principal amount of convertible notes ($50,000 and $5,000)"},{"label":"Effective","value":"2024-02-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}