Glucotrack converts $988k note into 1.3M shares, reduces debt

Glucotrack, Inc.

Exchanged a $988k partitioned promissory note for 1,300,000 common shares with an existing investor.
No cash or other consideration paid by the investor; debt reduction with no immediate cash outlay.
Beneficial ownership limitation at 19.9% may cause the exchange to occur in tranches.
Shares issued under Section 3(a)(9) exemption as exchange for outstanding securities.
Company also released an updated investor presentation furnished as Exhibit 99.1.

item 1.01 item 2.03 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Glucotrack, Inc. issued 1,300,000 shares of common stock to an investor for exchange of Partitioned Note for no additional consideration.

Security: common stock
Shares: 1,300,000 shares
Purchaser: an investor
Consideration: exchange of Partitioned Note for no additional consideration

Exact text from the filing

the Company and the Investor further agreed to exchange the Partitioned Note for an aggregate of 1,300,000 shares of the Company's common stock, no par value per share

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

Glucotrack, Inc. entered into Exchange Agreement with an investor (effective 2026-04-29).

Action: entry
Counterparty: an investor
Effective: 2026-04-29

Exact text from the filing

On April 29, 2026, Glucotrack, Inc. (the “Company”) entered into an Exchange Agreement (the “Exchange Agreement”) with an investor (the “Investor”) relating to an existing promissory note previously issued to the Investor in the principal amount of $3,600,000, with such principal subsequently reduced by $600,000 pursuant to that certain exchange agreement, dated April 13, 2026, by and between the Company and the Investor (as modified, the “Original Note”).

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Glucotrack, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-020747

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