---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002805"
form_type: "8-K"
ticker: "BTCY"
cik: "0001630113"
company_name: "BIOTRICITY INC."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:14:55.815066+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Biotricity receives $2M from investor, plans 18-month promissory note at 10% interest

## Summary
- Received $2M in cash from an existing investor on January 23, 2023.
- Expects to issue an 18-month promissory note with 10% accrued interest.
- Final documentation is being finalized; note will contain customary provisions.

## SEC filing metadata
- accession: 0001493152-23-002805
- form_type: 8-K
- ticker: BTCY
- cik: 0001630113
- company_name: BIOTRICITY INC.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630113/000149315223002805/0001493152-23-002805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630113/000149315223002805/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002805
- JSON: https://secwatch.observer/filing/0001493152-23-002805.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002805.txt

## Key facts
- Debt Financings
  BIOTRICITY INC. incurred loan of $2,000,000 with an existing investor at 10% maturing 18-months.
  - Instrument: loan
  - Principal: $2,000,000
  - Counterparty: an existing investor
  - Rate: 10%
  - Maturity: 18-months
  - Event: incurrence
  source text: On January 23 rd . 2023, Biotricity Inc. (the “Company”) received $2,000,000 in cash proceeds from an existing investor. The Company and the investor are in the process of finalizing the final documentation but Company expects to issue the investor a promissory note with matures in 18-months and has an accrued interest rate of 10%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630113/000149315223002805/0001493152-23-002805-index.htm

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