{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-039825","form_type":"8-K","ticker":"ATLX","cik":"0001540684","company_name":"Atlas Lithium Corp","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.465676+00:00","generated_at":"2026-06-08T09:21:34.604886+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Atlas Lithium issues $20M convertible notes at 6.5% interest, conversion price $28.225","bullets":["$20M aggregate principal, 6.5% annual interest, 36-month maturity, closing by Nov 24, 2023.","Conversion price $28.225 per share (25% premium to 3-day VWAP prior to agreement).","Issued to Martin Rowley and other accredited investors in a private placement under Regulation D.","Company may redeem after first anniversary if stock price reaches 125% of conversion price.","Proceeds provide working capital for lithium project development and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-039825","json":"https://secwatch.observer/filing/0001493152-23-039825.json","markdown":"https://secwatch.observer/filing/0001493152-23-039825.md","text":"https://secwatch.observer/filing/0001493152-23-039825.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1540684/000149315223039825/0001493152-23-039825-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1540684/000149315223039825/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T09:21:34.604886+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":"38e3978edeed5b2355f2f25d35ceb55f32ce905f","claim":"Atlas Lithium Corp incurred convertible notes of $20,000,000 with Martin Rowley along with other experienced lithium investors at 6.5% per annum maturing the date that is thirty-six months from the Closing Date.","evidence_excerpt":"On November 7, 2023, Atlas Lithium Corporation (“Atlas Lithium” or the “Company”) entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”) with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors (each a “Holder”) of convertible promissory notes with an aggregate total principal amount of $20,000,000, accruing interest at a rate of 6.5% per annum (each a “Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1540684/000149315223039825/0001493152-23-039825-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$20,000,000"},{"label":"Counterparty","value":"Martin Rowley along with other experienced lithium investors"},{"label":"Rate","value":"6.5% per annum"},{"label":"Maturity","value":"the date that is thirty-six months from the Closing Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3ab04cab4a4cdc71fd4a8489e78ee386199f6e51","claim":"Atlas Lithium Corp entered into Convertible Note Purchase Agreement with Martin Rowley and other experienced lithium investors valued at $20,000,000 (effective 2023-11-07).","evidence_excerpt":"On November 7, 2023, Atlas Lithium Corporation (“Atlas Lithium” or the “Company”) entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”) with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors (each a “Holder”) of convertible promissory notes with an aggregate total principal amount of $20,000,000, accruing interest at a rate of 6.5% per annum (each a “Note”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1540684/000149315223039825/0001493152-23-039825-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Martin Rowley and other experienced lithium investors"},{"label":"Value","value":"$20,000,000"},{"label":"Effective","value":"2023-11-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}