{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-011673","form_type":"8-K","ticker":"HYOR","cik":"0001070789","company_name":"HyOrc Corp","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.499937+00:00","generated_at":"2026-05-15T09:34:33.870004+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"HyOrc issues $150K convertible note to GS Capital Partners; conversion at 77% of low price","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-011673","json":"https://secwatch.observer/filing/0001493152-26-011673.json","markdown":"https://secwatch.observer/filing/0001493152-26-011673.md","text":"https://secwatch.observer/filing/0001493152-26-011673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070789/000149315226011673/0001493152-26-011673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070789/000149315226011673/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:34:33.870004+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":"fb5853fd06f2c811c0d7d9795be2a13f52f93494","claim":"HyOrc Corp entered into Securities Purchase Agreement with GS Capital Partners, LLC valued at $150,000 (effective 2026-03-13).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070789/000149315226011673/0001493152-26-011673-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"GS Capital Partners, LLC"},{"label":"Value","value":"$150,000"},{"label":"Effective","value":"2026-03-13"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}