---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-001558"
form_type: "8-K"
ticker: "GAMG"
cik: "0000055234"
company_name: "Global Asset Management Group, Inc."
filed_at: "2026-03-24T23:59:59+00:00"
generated_at: "2026-05-15T09:17:21.566794+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GAMG secures $10M senior secured convertible note facility with Leonite Fund I for real estate acquisitions

## Summary
- Facility: $10M purchase price, $10.81M principal with OID; senior secured, convertible at $0.95 fixed price.
- Proceeds for multifamily real estate equity and working capital; tranches at Leonite's discretion.
- Interest: Prime + 5.25% (floor 12%); maturity 12 months per tranche, max 24 months from issue.
- Prepayment at 102% of outstanding principal plus interest; Holder can convert, subject to 4.99% beneficial ownership cap.
- Part of GAMG's expansion of DC real estate portfolio and in-house asset management capabilities.

## SEC filing metadata
- accession: 0001477932-26-001558
- form_type: 8-K
- ticker: GAMG
- cik: 0000055234
- company_name: Global Asset Management Group, Inc.
- filed_at: 2026-03-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55234/000147793226001558/0001477932-26-001558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55234/000147793226001558/gamg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-001558
- JSON: https://secwatch.observer/filing/0001477932-26-001558.json
- Plain text: https://secwatch.observer/filing/0001477932-26-001558.txt

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