---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-035812"
form_type: "8-K"
ticker: "IVF"
cik: "0001417926"
company_name: "INVO Fertility, Inc."
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:26:46.799267+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# INVO Bioscience raises $100k in demand promissory notes from CEO, CFO, and related party

## Summary
- Received $25k from CEO Steven Shum, $25k from entity controlled by CFO Andrea Goren, and $50k from JAG Multi Investments LLC.
- Interest-free until Jan 31, 2023; thereafter 10% annual interest from issuance date.
- Notes payable at maturity with 10% financing fee plus accrued interest; callable with 10 days notice after 30 days.

## SEC filing metadata
- accession: 0001493152-22-035812
- form_type: 8-K
- ticker: IVF
- cik: 0001417926
- company_name: INVO Fertility, Inc.
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417926/000149315222035812/0001493152-22-035812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417926/000149315222035812/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035812
- JSON: https://secwatch.observer/filing/0001493152-22-035812.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035812.txt

## Key facts
- Debt Financings
  INVO Fertility, Inc. incurred loan of $100,000 at 10% annual interest.
  - Instrument: loan
  - Principal: $100,000
  - Rate: 10% annual interest
  - Event: incurrence
  source text: On December 13, 2022, INVO Bioscience, Inc. (the “Company”) received $100,000 through the issuance of demand promissory notes of which (1) $25,000 was received from our chief executive officer, Steven Shum, (2) $25,000 was received from an entity controlled by our chief financial officer, Andrea Goren, and (3) $50,000 was received from JAG Multi Investments LLC (“JAG”), a related party to Mr. Goren, who is a beneficiary of JAG but does not have any control over JAG’s investment decisions with respect to the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417926/000149315222035812/0001493152-22-035812-index.htm

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