{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-038462","form_type":"8-K","ticker":"PPCB","cik":"0001517681","company_name":"Propanc Biopharma, Inc.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.343511+00:00","generated_at":"2026-05-31T01:09:37.984108+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Propanc Biopharma issues $33K convertible note; due March 2025, conversion at $0.0003","bullets":["Issued convertible promissory note with $33,000 principal ($30,000 net) to GS Capital Partners, LLC.","Conversion price set at $0.0003 per share, dropping to $0.0001 if stock trades below that for 5 consecutive days.","Maturity March 25, 2025; 8% annual interest, increasing to 24% on default.","Proceeds used for general working capital; prepayment options with premiums from 110% to 125% in first 180 days.","Note issued under Regulation D as unregistered securities exempt under Section 4(a)(2) of Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-038462","json":"https://secwatch.observer/filing/0001493152-24-038462.json","markdown":"https://secwatch.observer/filing/0001493152-24-038462.md","text":"https://secwatch.observer/filing/0001493152-24-038462.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517681/000149315224038462/0001493152-24-038462-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517681/000149315224038462/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:09:37.984108+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}