{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-034887","form_type":"8-K","ticker":"APYP","cik":"0001568969","company_name":"APPYEA, INC","filed_at":"2022-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.210002+00:00","generated_at":"2026-06-21T07:30:29.812884+00:00","sec_items":["1.01","2.03","3.02"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AppYea issues $68K convertible note at 65% discount to lowest trading price; heavy prepayment penalties","bullets":["Sold $68,000 convertible promissory note to 1800 Diagonal Lending LLC at 8% interest (22% default rate), maturing Nov 23, 2023.","Conversion price equals 65% of lowest trading price for 10 prior days; conversion allowed after 180 days.","Prepayment allowed before 180 days with penalties of 115%-125% of principal depending on timing.","Default penalties up to 300% of note value; liquidation preference over assets if not repaid."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-034887","json":"https://secwatch.observer/filing/0001493152-22-034887.json","markdown":"https://secwatch.observer/filing/0001493152-22-034887.md","text":"https://secwatch.observer/filing/0001493152-22-034887.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568969/000149315222034887/0001493152-22-034887-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568969/000149315222034887/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:30:29.812884+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":[{"claim_id":"d818b4c5146b4dccc7ed8f7b7fba4e294b18b966","claim":"APPYEA, INC incurred convertible notes of $68,000 with 1800 Diagonal Lending LLC at 8% per annum (22% upon default) maturing November 23, 2023.","evidence_excerpt":"On November 25, 2022, AppYea, Inc. (the “Company”) entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC, an accredited investor (“ 1800 Diagonal ”), pursuant to which the Company sold 1800 Diagonal a convertible promissory note in the principal amount of $68,000 (the “ 1800 Diagonal Note ”). The 1800 Diagonal Note accrues interest at a rate of 8% per annum (22% upon the occurrence of an event of default) and has a maturity date of November 23, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568969/000149315222034887/0001493152-22-034887-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$68,000"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"8% per annum (22% upon default)"},{"label":"Maturity","value":"November 23, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"130a67ac0f32d0c23f0797de6117a73d79987a9f","claim":"APPYEA, INC entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC valued at $68,000 (effective 2022-11-25).","evidence_excerpt":"On November 25, 2022, AppYea, Inc. (the “Company”) entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC, an accredited investor (“ 1800 Diagonal ”), pursuant to which the Company sold 1800 Diagonal a convertible promissory note in the principal amount of $68,000 (the “ 1800 Diagonal Note ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568969/000149315222034887/0001493152-22-034887-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Value","value":"$68,000"},{"label":"Effective","value":"2022-11-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}