{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-009020","form_type":"8-K","ticker":null,"cik":"0001138978","company_name":"Novo Integrated Sciences, Inc.","filed_at":"2023-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.966897+00:00","generated_at":"2026-06-17T14:25:07.187919+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Novo Integrated Sciences issues $573K unsecured note and warrants to FirstFire Global","bullets":["Issued 12% unsecured promissory note for $573K principal ($515.7K net after $57.3K OID) due March 21, 2024.","Issued warrant to purchase up to 1M shares at $0.25/share for five years; note convertible at $0.175/share.","Issued 955,000 restricted commitment shares as additional consideration for the financing.","Amortization payments begin Sept 21, 2023; default triggers 125% penalty and 16% default interest.","Total share issuance limited to 10M shares unless shareholder approval is obtained."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-009020","json":"https://secwatch.observer/filing/0001493152-23-009020.json","markdown":"https://secwatch.observer/filing/0001493152-23-009020.md","text":"https://secwatch.observer/filing/0001493152-23-009020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223009020/0001493152-23-009020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223009020/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T14:25:07.187919+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":"c067950f1b08d664d838e0bc026bb0c064f7d038","claim":"Novo Integrated Sciences, Inc. incurred convertible notes of $573,000 with FirstFire Global Opportunities Fund, LLC at 12% per annum maturing March 21, 2024.","evidence_excerpt":"On March 21, 2023, Novo Integrated Sciences, Inc., a Nevada corporation (the \"Company\") entered into a securities purchase agreement (the \"SPA\") with FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company (the \"Holder\"), pursuant to which the Company issued an 12% unsecured promissory note (the \"Note\") with a maturity date of March 21, 2024 (the \"Maturity Date\"), in the principal sum of $573,000 (the \"Principal Sum\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223009020/0001493152-23-009020-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$573,000"},{"label":"Counterparty","value":"FirstFire Global Opportunities Fund, LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"March 21, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0ca7c7894e7a86d7869ae7ec3d4a2e1caf97723f","claim":"Novo Integrated Sciences, Inc. entered into SPA with FirstFire Global Opportunities Fund, LLC valued at $573,000 (effective 2023-03-21).","evidence_excerpt":"On March 21, 2023, Novo Integrated Sciences, Inc., a Nevada corporation (the “Company”) entered into a securities purchase agreement (the “SPA”) with FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company (the “Holder”), pursuant to which the Company issued an 12% unsecured promissory note (the “Note”) with a maturity date of March 21, 2024 (the “Maturity Date”), in the principal sum of $573,000 (the “Principal Sum”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223009020/0001493152-23-009020-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"FirstFire Global Opportunities Fund, LLC"},{"label":"Value","value":"$573,000"},{"label":"Effective","value":"2023-03-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}