{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-006126","form_type":"8-K","ticker":"PPCB","cik":"0001517681","company_name":"Propanc Biopharma, Inc.","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.863494+00:00","generated_at":"2026-05-26T22:50:27.261316+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":"Propanc Biopharma raises $108K in two convertible note financings in Feb 2025","bullets":["$65,000 convertible note (purchase price $56,000) issued Feb 6; 15% flat interest, maturity Nov 30, 2025.","$43,000 convertible note (purchase price $40,000) issued Feb 10; 8% annual interest, maturity Oct 7, 2025.","First note convertible at 35% discount to lowest 10-day trading price; second note at $9/share (or $6 if stock <$8 for 5 days).","Proceeds used for general working capital; notes sold in unregistered offerings under Rule 506(b) and Section 4(a)(2).","Both notes contain events of default including failure to pay, breach of covenants, and conversion share issuance delays."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-006126","json":"https://secwatch.observer/filing/0001493152-25-006126.json","markdown":"https://secwatch.observer/filing/0001493152-25-006126.md","text":"https://secwatch.observer/filing/0001493152-25-006126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517681/000149315225006126/0001493152-25-006126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517681/000149315225006126/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:50:27.261316+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"}