other_material
confidence high
sentiment neutral
materiality 0.60
IR-Med converts $155K of director loans into 11.96M shares at $0.013
IR-Med, Inc.
- Outstanding debt of $155,437 (incl. accrued interest) converted into 11,956,692 shares of common stock.
- Lender directors Yaniv Cohen ($90,290) and Aharon Klein ($34,206) participated alongside M2bwell ($30,941).
- Conversion price set at $0.013 per share; all three loan agreements fully satisfied and terminated.
- Shares issued without registration, relying on Regulation D (506(b)) and Regulation S exemptions.
item 1.01item 3.02item 9.01