secwatch.observer — SEC 8-K summary
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Issuer:     AnTix Holdings, Inc. (—)
CIK:        0001331612
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001477932-25-005597
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative MedTech sells $97,750 convertible note to Labrys Fund, netting $77K
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- Sold $97,750 convertible promissory note to Labrys Fund II, L.P. for $85,000; net funding $77,000 after legal and placement agent fees.
- Note matures in 12 months, accrues 12% fixed interest, convertible at 71% of lowest closing bid price over prior 10 trading days.
- Conversion capped at 4.99% beneficial ownership (9.99% after 61 days with notice); holder deducts $1,500 per conversion for fees.
- Proceeds earmarked for business development and general working capital; not for insider debt repayment or loans.
- Issued under Section 4(a)(2) exemption from registration; includes customary representations, warranties, and closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331612/000147793225005597/0001477932-25-005597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331612/000147793225005597/imth_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-005597

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