secwatch.observer — SEC 8-K summary
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Issuer:     AI Technology Group Inc. (—)
CIK:        0001289047
Form:       8-K
Filed at:   2026-06-12T21:05:43+00:00
Accession:  0001477932-26-003844
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AI Tech Group amends merger agreement; extends closing to Dec 31, 2026, sets $50M minimum raise
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- Second amendment to merger with AVM Biotechnology and Biomed 360 details investment tranches: $1M (Tranche 1), $1.125M (partial Tranche 2), plus $500K monthly from June to Oct 2026 and $375K in Nov.
- Tranche 2 loans are convertible at $2.50/share with 10% simple interest; closing extended to Dec 31, 2026 (extendable to Mar 31, 2027).
- Tranche 3 requires at least $50M in gross proceeds before closing, at $5.00/share or higher, with a senior US exchange up‑listing.
- All other terms of the original Merger Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289047/000147793226003844/0001477932-26-003844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289047/000147793226003844/aipg_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-003844

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