HyOrc Corp issues $135K convertible notes to two investors, nets $118K

HyOrc Corp

Notes of $67,500 each to Monroe Street Capital Partners LP and Lambda Ventures LLC; 12-month maturity.
Conversion price set at 77% of lowest trading price over prior 15 trading days.
Company issued 250,000 commitment shares (125,000 each), cancelable if notes paid within six months.
Prepayment allowed at 110% of outstanding balance during first 181 days.
Gross proceeds $125,000; net $118,000 after $7,000 legal fees; exemptions under Section 4(a)(2) and Reg D.

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 Agreements with Monroe Street Capital Partners LP and Lambda Ventures LLC valued at $125,000 (effective 2026-05-09).

Action: entry
Agreement: equity purchase
Counterparty: Monroe Street Capital Partners LP and Lambda Ventures LLC
Value: $125,000
Effective: 2026-05-09

Exact text from the filing

On May 9, 2026 (the “Effective Date”), HyOrc Corporation (the “Company”) entered into separate Securities Purchase Agreements (collectively, the “SPAs”) with Monroe Street Capital Partners LP (“Monroe”) and Lambda Ventures LLC (“Lambda,” and together with Monroe, the “Investors”), pursuant to which the Company issued to each Investor a Convertible Promissory Note in the original principal amount of $67,500 (collectively, the “Notes”).

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HyOrc Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-022853

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