secwatch.observer — SEC 8-K summary
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Issuer:     Harvard Apparatus Regenerative Technology, Inc. (HRGN)
CIK:        0001563665
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001493152-24-005102
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harvard Apparatus Regenerative Technology enters $500K bridge note with CEO Junli He at 8% interest
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- Bridge note for $500,000 from Chairman/CEO Junli He; 8% annual interest on 360-day basis.
- Maturity on earlier of next capital raise >= $5M gross proceeds or Feb 1, 2025.
- Lender has optional conversion to equity in any Qualified Financing of $500K+ (excluding this note).
- Prepayment permitted without penalty; events of default include bankruptcy, non-payment, breach of covenants.
- Proceeds provide near-term working capital; insider loan aligns interests but adds related-party exposure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563665/000149315224005102/0001493152-24-005102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563665/000149315224005102/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005102

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