secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001493152-25-009657
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo borrows $200K from director Michael Eldred at 12% interest; issues 100K-share warrant
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- Principal $200,000, 12% annual interest, maturity on or about September 3, 2025.
- Lender received warrant to purchase 100,000 shares at $0.50/share with two-year term.
- Note secured by first-priority security interest in accounts receivable from Vedco and Clipper Distributing.
- Transaction is with a related party (board member Michael Eldred).
- Prepayment allowed without penalty; warrants are additional compensation for the loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315225009657/0001493152-25-009657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315225009657/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-009657

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer