secwatch.observer — SEC 8-K summary
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Issuer:     SafeSpace Global Corp (SSGC)
CIK:        0001584693
Form:       8-K
Filed at:   2022-02-14T23:59:59+00:00
Accession:  0001493152-22-004337
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Integrated Technologies issues $600K promissory note to AJB Capital, grants 1.5M warrants
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- Sold $600,000 promissory note to AJB Capital Investments for $534,000; net proceeds $504,000 after fees.
- Used $360,000 of proceeds to repay existing promissory note owed to AJB; balance for working capital.
- Note bears 10% interest, matures August 9, 2023; convertible upon default at variable price.
- Granted warrants to purchase 1,500,000 shares of common stock at $0.10 per share, cashless exercise for 1M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584693/000149315222004337/0001493152-22-004337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584693/000149315222004337/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-004337

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