{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-016067","form_type":"8-K","ticker":null,"cik":"0001413754","company_name":"MARIZYME, INC.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.773943+00:00","generated_at":"2026-06-15T06:08:11.719871+00:00","sec_items":["2.04","7.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marizyme defaults on $1M convertible note; principal increases to $1.25M","bullets":["Unsecured convertible note with Walleye Opportunities Master Fund matured May 7, 2023 and was not repaid; principal automatically increased from $1,000,000 to $1,250,000.","Event of default triggered due to non-payment; note obligations subject to immediate repayment.","Company also announced IP developments: DuraGraft patents granted in US, India, South Korea, Vietnam; allowed in Canada and Vietnam.","Krillase enzyme technology and MATLOC microfluidic chip patent applications allowed in Europe."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-016067","json":"https://secwatch.observer/filing/0001493152-23-016067.json","markdown":"https://secwatch.observer/filing/0001493152-23-016067.md","text":"https://secwatch.observer/filing/0001493152-23-016067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1413754/000149315223016067/0001493152-23-016067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1413754/000149315223016067/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:08:11.719871+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":"039f98b9b945fcbd1aaf70822e41decfd339c802","claim":"MARIZYME, INC. incurred convertible notes of $1,000,000 with Walleye Opportunities Master Fund Ltd at no interest maturing May 7, 2023.","evidence_excerpt":"On February 6, 2023, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Walleye Opportunities Master Fund Ltd (the “Investor”), pursuant to which the Company issued to the Investor an Unsecured Subordinated Convertible Promissory Note (the “Note”) in the aggregate principal amount of $1,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1413754/000149315223016067/0001493152-23-016067-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,000,000"},{"label":"Counterparty","value":"Walleye Opportunities Master Fund Ltd"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"May 7, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}