{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-015982","form_type":"8-K","ticker":"OWPC","cik":"0001622244","company_name":"One World Products, Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.293137+00:00","generated_at":"2026-06-03T08:00:46.547505+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"One World Products sells $1.6M convertible notes with warrants; 12% interest, Jan 2025 maturity","bullets":["SDT Equities LLC provided $1.3M principal note at $1.196M purchase price; 12% interest, convertible at variable rate.","AJB Capital Investments LLC provided $300K principal note at $276K purchase price; 12% interest, convertible at variable rate.","SDT received pre-funded warrant for 8,666,667 shares with make-whole provision guaranteeing at least $520K net proceeds.","AJB received 2,000,000 commitment fee shares; make-whole provision if sale proceeds fall short of $120K fee.","Notes secured by all company assets under security agreements; maturity January 19, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-015982","json":"https://secwatch.observer/filing/0001493152-24-015982.json","markdown":"https://secwatch.observer/filing/0001493152-24-015982.md","text":"https://secwatch.observer/filing/0001493152-24-015982.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622244/000149315224015982/0001493152-24-015982-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622244/000149315224015982/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:00:46.547505+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":"6a08659e0b166a1390b8ca2b80c98f7bd26a037f","claim":"One World Products, Inc. incurred convertible notes of $1,300,000 with SDT Equities LLC at 12% per annum maturing January 19, 2025.","evidence_excerpt":"(the “Company”) completed the sale of a 12% convertible promissory note to each of (a) SDT Equities LLC, a Delaware limited liability company (“SDT”) in the principal amount of $1,300,000 and for a purchase price of $1,196,000, and (b) AJB Capital Investments LLC, a Delaware limited liability company (“AJB”, and together with SDT, the “Investors”) in the principal","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622244/000149315224015982/0001493152-24-015982-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,300,000"},{"label":"Counterparty","value":"SDT Equities LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"January 19, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7a4a1aa889f78d81cecab6f9d69ea8d1371c7286","claim":"One World Products, Inc. incurred convertible notes of $300,000 with AJB Capital Investments LLC at 12% per annum maturing January 19, 2025.","evidence_excerpt":"of $1,196,000, and (b) AJB Capital Investments LLC, a Delaware limited liability company (“AJB”, and together with SDT, the “Investors”) in the principal amount of $300,000 for a purchase price of $276,000 (collectively, the “Notes”) pursuant to Securities Purchase Agreements between the Company and the Investors, respectively (the “Purchase","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622244/000149315224015982/0001493152-24-015982-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$300,000"},{"label":"Counterparty","value":"AJB Capital Investments LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"January 19, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"88de5f53cfad1bbcace9f847b27eb6278e22cd6a","claim":"One World Products, Inc. entered into Securities Purchase Agreements with SDT Equities LLC and AJB Capital Investments LLC valued at principal amount of $1,300,000 and $300,000 (effective 2024-04-19).","evidence_excerpt":"On April 19, 2024, One World Products, Inc. (the “Company”) completed the sale of a 12% convertible promissory note to each of (a) SDT Equities LLC, a Delaware limited liability company (“SDT”) in the principal amount of $1,300,000 and for a purchase price of $1,196,000, and (b) AJB Capital Investments LLC, a Delaware limited liability company (“AJB”, and together with SDT, the “Investors”) in the principal amount of $300,000 for a purchase price of $276,000 (collectively, the “Notes”) pursuant to Securities Purchase Agreements between the Company and the Investors, respectively (the “Purchase Agreements”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622244/000149315224015982/0001493152-24-015982-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"SDT Equities LLC and AJB Capital Investments LLC"},{"label":"Value","value":"principal amount of $1,300,000 and $300,000"},{"label":"Effective","value":"2024-04-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}