secwatch.observer — SEC 8-K summary
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Issuer:     BIOTRICITY INC. (BTCY)
CIK:        0001630113
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001493152-23-039557
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Biotricity issues $1M convertible note with 12% interest, 18-month maturity
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- Issued $1,000,000 unsecured convertible preferred note to an investor.
- Note bears 12% annual interest, payable monthly in cash.
- Maturity 18 months; prepayable at 15% discount to 10-day VWAP; conversion at 20% discount to Qualified Financing price or 15% discount to VWAP at maturity.
- Note issued in reliance on Section 4(a)(2) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630113/000149315223039557/0001493152-23-039557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630113/000149315223039557/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-039557

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer