---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-024888"
form_type: "8-K"
ticker: "BTCY"
cik: "0001630113"
company_name: "BIOTRICITY INC."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:28:19.936350+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Biotricity raises $500K in Series B Preferred placement; up to $1.5M additional

## Summary
- Issued 55 Series B Preferred shares at $9,090.91 each for gross proceeds of $500,000 on June 21, 2024.
- Potential additional closings up to $1,500,000 through December 31, 2024 at investor's sole discretion.
- Series B Preferred carries 8% cumulative dividend (15% on triggering event), convertible at $3.50/share.
- Alternate conversion price at 80% (or 70% if suspended/delisted) of lowest VWAP during measuring period.
- Company must seek stockholder approval by August 15, 2024; registration rights penalty of 100,000 common shares.

## SEC filing metadata
- accession: 0001493152-24-024888
- form_type: 8-K
- ticker: BTCY
- cik: 0001630113
- company_name: BIOTRICITY INC.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630113/000149315224024888/0001493152-24-024888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630113/000149315224024888/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-024888
- JSON: https://secwatch.observer/filing/0001493152-24-024888.json
- Plain text: https://secwatch.observer/filing/0001493152-24-024888.txt

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