8-K
filed May 12, 2026, 4:30 PM ET
ticker NIMU
CIK 0000720762
debt
confidence high
sentiment negative
materiality 0.60
NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU): debt financing — NIMS borrows $300K from related parties at 11% due June 30, 2026
NON INVASIVE MONITORING SYSTEMS INC /FL/
- $200K promissory note issued to Frost Gamma Investments Trust, controlled by director Dr. Phillip Frost.
- $100K promissory note issued to Jane Hsiao, Chairman and Interim CEO; both notes bear 11% annual interest.
- Both notes mature June 30, 2026; may be prepaid without penalty.
- Frost Gamma Trust and Hsiao each beneficially own over 10% of NIMS common stock.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NON INVASIVE MONITORING SYSTEMS INC /FL/ incurred loan of $200,000.00 with Frost Gamma Investments Trust at 11% per annum maturing June 30, 2026.
- Instrument
- loan
- Principal
- $200,000.00
- Counterparty
- Frost Gamma Investments Trust
- Rate
- 11% per annum
- Maturity
- June 30, 2026
- Event
- incurrence
Exact text from the filing
On May 7, 2026, Non-Invasive Monitoring Systems, Inc. (“NIMS”) entered into a Promissory Note in the principal amount of $200,000.00 with Frost Gamma Investments Trust (the “May 2026 Frost Gamma Note”)
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NON INVASIVE MONITORING SYSTEMS INC /FL/ incurred loan of $100,000.00 with Jane Hsiao at 11% per annum maturing June 30, 2026.
- Instrument
- loan
- Principal
- $100,000.00
- Counterparty
- Jane Hsiao
- Rate
- 11% per annum
- Maturity
- June 30, 2026
- Event
- incurrence
Exact text from the filing
On May 7, 2026, NIMS entered into a Promissory Note in the principal amount of $100,000.00 with Jane Hsiao (the “May 2026 Hsiao Note”)
View on SEC.gov
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