{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-028230","form_type":"8-K","ticker":"PPCB","cik":"0001517681","company_name":"Propanc Biopharma, Inc.","filed_at":"2022-10-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.949740+00:00","generated_at":"2026-06-23T04:04:43.394257+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Propanc Biopharma issues $53,750 convertible note to Red Road with 35% discount conversion","bullets":["Principal $53,750, net proceeds $50,000 after $3,750 fees; maturity Oct 6, 2023; 8% interest.","Conversion price set at 65% of average lowest 3 trading prices in prior 10 days (35% discount).","Prepayment premiums range from 110% to 129% of face amount; conversion begins 180 days after issuance.","Default includes failure to deliver shares, OTC delisting, or financial restatement; default amount 150%.","Note sold in private placement under Section 4(a)(2) and Regulation D; proceeds for working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-028230","json":"https://secwatch.observer/filing/0001493152-22-028230.json","markdown":"https://secwatch.observer/filing/0001493152-22-028230.md","text":"https://secwatch.observer/filing/0001493152-22-028230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517681/000149315222028230/0001493152-22-028230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517681/000149315222028230/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T04:04:43.394257+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}