---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-008563"
form_type: "8-K"
ticker: "NASC"
cik: "0001509957"
company_name: "Can B Corp"
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T11:59:30.837960+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Can B Corp. raises $540k via convertible notes and warrants to Mast Hill and Blue Lake

## Summary
- Mast Hill note: $350k principal, 10% OID (net $315k), convertible at $4/share, 12% interest.
- Mast Hill warrant: 54,687 shares at $6.40; subject to price adjustment if S-1 declared effective.
- Blue Lake note: $250k principal, net $225k, same convertible terms; warrant for 39,062 shares at $6.40.
- Both agreements include prepayment penalties, anti-dilution protections, and piggyback registration rights.
- Transactions closed on March 25, 2022; securities issued under Regulation D Section 4(a)(2).

## SEC filing metadata
- accession: 0001493152-22-008563
- form_type: 8-K
- ticker: NASC
- cik: 0001509957
- company_name: Can B Corp
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509957/000149315222008563/0001493152-22-008563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509957/000149315222008563/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-008563
- JSON: https://secwatch.observer/filing/0001493152-22-008563.json
- Plain text: https://secwatch.observer/filing/0001493152-22-008563.txt

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