HyOrc issues $150K convertible note to GS Capital Partners; conversion at 77% of low price

HyOrc Corp

Issued $150,000 convertible promissory note to GS Capital Partners; net proceeds ~$135K after OID and expenses.
Note matures September 13, 2026; convertible at 77% of lowest trading price in prior 10 trading days.
Issued 250,000 shares as collateral (Returnable Shares) to be cancelled upon full repayment.
Reserved up to 5,000,000 shares for conversion, indicating significant potential dilution.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HyOrc Corp entered into Securities Purchase Agreement with GS Capital Partners, LLC valued at $150,000 (effective 2026-03-13).

Action: entry
Agreement: equity purchase
Counterparty: GS Capital Partners, LLC
Value: $150,000
Effective: 2026-03-13

Exact text from the filing

On March 13, 2026 (the “Effective Date”), HyOrc Corporation (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with GS Capital Partners, LLC (the “Investor”), pursuant to which the Company issued to the Investor a Convertible Promissory Note in the original principal amount of $150,000

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299 material agreements filed in the last 30 days. Browse all material agreements →

HyOrc Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-011673

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