---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-011262"
form_type: "8-K"
ticker: "APHP"
cik: "0001771995"
company_name: "American Picture House Corp"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:54:54.875515+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# American Picture House raises $114k net via 10% convertible note with Labrys Fund II

## Summary
- Issued $172,500 principal 10% promissory note (incl. $22,500 OID) plus 200,000 commitment shares to Labrys Fund II.
- Net cash to company: $114,000 after $7,500 placement agent fee, $25,000 prior note repayment, and $3,500 legal fees.
- Note matures in 12 months; convertible into common stock at a discount to market with 12M shares reserved for conversion.
- Securities issued in private placement exempt under Section 4(a)(2) and Rule 506 of Regulation D.

## SEC filing metadata
- accession: 0001493152-26-011262
- form_type: 8-K
- ticker: APHP
- cik: 0001771995
- company_name: American Picture House Corp
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1771995/000149315226011262/0001493152-26-011262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771995/000149315226011262/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-011262
- JSON: https://secwatch.observer/filing/0001493152-26-011262.json
- Plain text: https://secwatch.observer/filing/0001493152-26-011262.txt

## Source-grounded claims
- claim_id: 8fb5850a1167497431129160914672ebc4cea57e
  claim: American Picture House Corp incurred convertible notes of original principal amount of $172,500 with Labrys Fund II, LP at 10% per annum maturing twelve months from the issue date.
  evidence_excerpt: Purchase Agreement (the “SPA”) with Labrys Fund II, LP (“Labrys”), pursuant to which the Company issued to Labrys a 10% Promissory Note in the original principal amount of $172,500 (the “Note”), which included an original issue discount of $22,500, in exchange for a purchase price of $150,000. The Note matures twelve months from the issue date and bears
  evidence_url: https://www.sec.gov/Archives/edgar/data/1771995/000149315226011262/0001493152-26-011262-index.htm
- claim_id: 4130cc683f788664500fe68e9086adebac4c9c3f
  claim: American Picture House Corp entered into Securities Purchase Agreement with Labrys Fund II, LP valued at $172,500 (effective 2026-01-20).
  evidence_excerpt: On January 20, 2026, American Picture House Corporation, a Wyoming corporation (the “Company”), entered into a Securities Purchase Agreement (the “SPA”) with Labrys Fund II, LP (“Labrys”), pursuant to which the Company issued to Labrys a 10% Promissory Note in the original principal amount of $172,500 (the “Note”), which included an original issue discount of $22,500, in exchange for a purchase price of $150,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1771995/000149315226011262/0001493152-26-011262-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.