{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-030670","form_type":"8-K","ticker":null,"cik":"0001138978","company_name":"Novo Integrated Sciences, Inc.","filed_at":"2023-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.228132+00:00","generated_at":"2026-06-11T01:48:01.733253+00:00","sec_items":["2.04","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Novo Integrated Sciences issues ~9.2M shares in Aug 2023 to settle debts and warrants; outstanding 157.6M","bullets":["Jefferson Note default triggered $186,719 liquidated damages charge; converted to 2,365,104 shares on Aug 21, 2023.","Mast Hill Fund converted $573,000 principal and interest on Mast Note for 5,227,762 shares on Aug 24, 2023.","Additional issuances: 750,000 shares for consulting, 816,000 shares via warrant exercises between July 17 and Aug 24.","Total common shares outstanding as of Aug 24, 2023: 157,593,050.","Company relied on Section 4(a)(2) and Regulation D exemptions for unregistered sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-030670","json":"https://secwatch.observer/filing/0001493152-23-030670.json","markdown":"https://secwatch.observer/filing/0001493152-23-030670.md","text":"https://secwatch.observer/filing/0001493152-23-030670.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223030670/0001493152-23-030670-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223030670/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:48:01.733253+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":"c02d430cd864e2142abb5fc5c58f53d0d64d96a9","claim":"Novo Integrated Sciences, Inc. reported a default on convertible notes of principal amount of $937,500 with Jefferson Street Capital, LLC at 1% per annum maturing maturity date of May 17, 2022.","evidence_excerpt":"Capital, LLC (“Jefferson”) a secured convertible promissory note (the “Jefferson Note”) with a maturity date of May 17, 2022 (the “Maturity Date”), in the principal amount of $937,500. The Company acted as guarantor on the Jefferson Note. Pursuant to the terms of the Jefferson Note, Terra agreed to pay to Jefferson $937,500 (the “Principal Amount”), with a","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138978/000149315223030670/0001493152-23-030670-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"principal amount of $937,500"},{"label":"Counterparty","value":"Jefferson Street Capital, LLC"},{"label":"Rate","value":"1% per annum"},{"label":"Maturity","value":"maturity date of May 17, 2022"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}