---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-024432"
form_type: "8-K"
ticker: "QXL"
cik: "0000797542"
company_name: "Viewbix Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:47:03.840033+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Viewbix enters $1.53M credit facility with conversion to stock at $0.25/share

## Summary
- Facility of $1M new money plus $530,657 prior debt; draws $350K immediately, $150K on filing registration, $500K on uplisting.
- 12% per annum interest paid upfront in 734,715 shares and warrants; conversion of $662,957 at $0.25 per share upon uplisting.
- Lead Lender L.I.A. Pure Capital receives 200,000 shares, warrants to purchase 200,000 shares at $0.25 and 2,500,000 shares at $1.00.
- Company to file resale registration statement within 30 days; securities unregistered until then.
- Uplisting to national exchange is a condition for conversion; term expires 12 months after uplisting.

## SEC filing metadata
- accession: 0001493152-24-024432
- form_type: 8-K
- ticker: QXL
- cik: 0000797542
- company_name: Viewbix Inc.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797542/000149315224024432/0001493152-24-024432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797542/000149315224024432/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-024432
- JSON: https://secwatch.observer/filing/0001493152-24-024432.json
- Plain text: https://secwatch.observer/filing/0001493152-24-024432.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.