secwatch.observer — SEC 8-K summary
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Issuer:     Novo Integrated Sciences, Inc. (—)
CIK:        0001138978
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0001493152-23-030670
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 2.04, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Novo Integrated Sciences issues ~9.2M shares in Aug 2023 to settle debts and warrants; outstanding 157.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138978/000149315223030670/0001493152-23-030670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138978/000149315223030670/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-030670

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