---
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"
generated_at: "2026-05-15T09:34:33.870004+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-011673
- JSON: https://secwatch.observer/filing/0001493152-26-011673.json
- Plain text: https://secwatch.observer/filing/0001493152-26-011673.txt

## Key facts
- Material Agreements
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1070789/000149315226011673/0001493152-26-011673-index.htm

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