secwatch.observer — SEC 8-K summary
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Issuer:     Polomar Health Services, Inc. (PMHS)
CIK:        0001265521
Form:       8-K/A
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001493152-24-044780
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polomar Health Services assumes $633K promissory note at 12-15% interest in acquisition
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- Upon acquiring Polomar Specialty Pharmacy, assumed $633,430 outstanding on unsecured promissory note to Reprise Management.
- Note bears 12% simple interest through Dec 31, 2024, then 15% thereafter; matures July 31, 2025.
- Total liabilities of Polomar Specialty Pharmacy were ~$576,000 as of June 30, 2024, including $454,000 related-party debt.
- On Nov 8, 2024, note was amended to remove a warrant issuance requirement originally tied to the loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1265521/000149315224044780/0001493152-24-044780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1265521/000149315224044780/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-044780

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