secwatch.observer — SEC 8-K summary
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Issuer:     Evofem Biosciences, Inc. (EVFM)
CIK:        0001618835
Form:       8-K
Filed at:   2026-07-14T20:31:06+00:00
Accession:  0001493152-26-033184
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evofem Biosciences issues $706,304 promissory note to HUB Cyber Security at 12% interest
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- Principal $706,304, 12% interest compounded monthly, 11-month maturity.
- Note subordinated to existing senior indebtedness (Baker Bros. and Future Pak).
- Proceeds used for supplier payments for products Phexx and Solosec.
- Covenants restrict mergers, asset sales, dividends, and require default notice.
- Monitoring fee $2,000/week and administration fee $14,126 payable at maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618835/000149315226033184/0001493152-26-033184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618835/000149315226033184/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-033184

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer