secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001493152-24-014735
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo enters $300K convertible note with major shareholder at $0.70/unit
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- $300K note from >10% holder A.L. Sarroff Fund; 10% interest, matures May 10, 2024.
- Convertible into up to ~435,000 Units (1 restricted share + 1 warrant each); effective conversion price $0.70/Unit.
- Warrants exercisable at $1.50 per share through third anniversary of issue date.
- Shares upon conversion are restricted under Rule 144; note exempt under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224014735/0001493152-24-014735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224014735/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014735

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