{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-013290","form_type":"8-K","ticker":"GCTK","cik":"0001506983","company_name":"Glucotrack, Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.166394+00:00","generated_at":"2026-05-17T06:44:14.487574+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glucotrack issues $3.6M convertible note at $3M price; ELOC proceeds to repay","bullets":["Issued $3.6M convertible promissory note for $3M purchase price ($600K OID), no interest, due in 12 months or upon Qualified Financing.","Conversion price floor of $4.87/share; converts into equity of next financing raising ≥$5M.","Simultaneously entered $20M ELOC with Sixth Borough Capital; 100% of ELOC net proceeds repay note pre-stockholder approval, 50% post.","Note is unsecured, no restrictive covenants; standard events of default include bankruptcy."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-013290","json":"https://secwatch.observer/filing/0001493152-25-013290.json","markdown":"https://secwatch.observer/filing/0001493152-25-013290.md","text":"https://secwatch.observer/filing/0001493152-25-013290.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506983/000149315225013290/0001493152-25-013290-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506983/000149315225013290/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:44:14.487574+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":[{"claim_id":"1564ff9cdf2fd69b02e0984dbb1f7542339efb08","claim":"Glucotrack, Inc. incurred convertible notes of $3,600,000 at no interest maturing twelve (12) month anniversary of the Issue Date, or the date of closing of a Qualified Financing.","evidence_excerpt":"On September 12, 2025 (the “ Issue Date ”), Glucotrack, Inc. (the “ Company ”) entered into a Note Purchase Agreement (the “ Note Purchase Agreement ”), with an investor (the “ Investor ”), pursuant to which the Company issued a Convertible Promissory Note (the “ Note ”) to the Investor in the principal amount of $3,600,000 for a purchase price of $3,000,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506983/000149315225013290/0001493152-25-013290-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,600,000"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"twelve (12) month anniversary of the Issue Date, or the date of closing of a Qualified Financing"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2578f7cb67ea3ac19292f90fc231b0a5d32c29cf","claim":"Glucotrack, Inc. issued $3,600,000 principal amount of convertible note to the Investor for $3,000,000 purchase price.","evidence_excerpt":"On September 12, 2025 (the “ Issue Date ”), Glucotrack, Inc. (the “ Company ”) entered into a Note Purchase Agreement (the “ Note Purchase Agreement ”), with an investor (the “ Investor ”), pursuant to which the Company issued a Convertible Promissory Note (the “ Note ”) to the Investor in the principal amount of $3,600,000 for a purchase price of $3,000,000.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506983/000149315225013290/0001493152-25-013290-index.htm","confidence":0.98,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Shares","value":"$3,600,000 principal amount"},{"label":"Purchaser","value":"the Investor"},{"label":"Consideration","value":"$3,000,000 purchase price"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}