{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-022492","form_type":"8-K","ticker":null,"cik":"0001138978","company_name":"Novo Integrated Sciences, Inc.","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.043684+00:00","generated_at":"2026-06-13T16:51:49.918584+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Novo Integrated Sciences issues $445K promissory note, warrant, and commitment shares to Mast Hill Fund","bullets":["Issued 12% unsecured promissory note for $445,000 principal (incl. $44,500 OID) with $400,500 net proceeds; matures June 20, 2024.","Issued warrant to buy up to 776,614 shares at $0.25 per share, exercisable for 5 years from June 20, 2023.","Issued 741,666 commitment shares as additional consideration to Mast Hill Fund.","Note convertible at $0.175 per share subject to adjustments; default triggers 125% of outstanding plus interest penalty.","Amortization payments start Dec. 20, 2023; failure to pay allows conversion at lesser of conversion price or 85% of VWAP."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-022492","json":"https://secwatch.observer/filing/0001493152-23-022492.json","markdown":"https://secwatch.observer/filing/0001493152-23-022492.md","text":"https://secwatch.observer/filing/0001493152-23-022492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223022492/0001493152-23-022492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223022492/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T16:51:49.918584+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":"ada2261f78a598dabdb37f77950f1663e6c1a36f","claim":"Novo Integrated Sciences, Inc. incurred loan of $445,000 with Mast Hill Fund, L.P. at 12% per annum maturing June 20, 2024.","evidence_excerpt":"On June 20, 2023, Novo Integrated Sciences, Inc., a Nevada corporation (the “Company”) entered into a securities purchase agreement (the “SPA”) with Mast Hill Fund, L.P., a Delaware limited partnership (the “Holder”), pursuant to which the Company issued an 12% unsecured promissory note (the “Note”) with a maturity date of June 20, 2024 (the “Maturity Date”), in the principal sum of $445,000 (the “Principal Sum”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223022492/0001493152-23-022492-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$445,000"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"June 20, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"848027384198c8151c08ff68956bad6bbff74535","claim":"Novo Integrated Sciences, Inc. entered into securities purchase agreement with Mast Hill Fund, L.P. valued at $445,000 (effective 2023-06-20).","evidence_excerpt":"On June 20, 2023, Novo Integrated Sciences, Inc., a Nevada corporation (the “Company”) entered into a securities purchase agreement (the “SPA”) with Mast Hill Fund, L.P., a Delaware limited partnership (the “Holder”), pursuant to which the Company issued an 12% unsecured promissory note (the “Note”) with a maturity date of June 20, 2024 (the “Maturity Date”), in the principal sum of $445,000 (the “Principal Sum”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223022492/0001493152-23-022492-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Value","value":"$445,000"},{"label":"Effective","value":"2023-06-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}