debt
confidence high
sentiment neutral
materiality 0.50
Glucotrack enters exchange agreement to convert $900K note into common stock
Glucotrack, Inc.
- On July 22, 2026, Glucotrack partitioned a $900,000 promissory note from an existing $3.6M note (reduced by prior exchanges).
- Investor may exchange portions of the Partitioned Note for common stock at the lower of closing price or 5-day average.
- No cash consideration; exchange shares issued under Section 3(a)(9) exemption; beneficial ownership limited to 9.99%.
- Original Note remains in effect with reduced balance; Partitioned Note extinguished upon full exchange.