secwatch.observer — SEC 8-K summary
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Issuer:     HyOrc Corp (HYOR)
CIK:        0001070789
Form:       8-K
Filed at:   2026-05-14T10:23:12+00:00
Accession:  0001493152-26-022853
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070789/000149315226022853/0001493152-26-022853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070789/000149315226022853/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022853

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