secwatch.observer — SEC 8-K summary
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Issuer:     HyOrc Corp (HYOR)
CIK:        0001070789
Form:       8-K
Filed at:   2026-08-10T15:49:32+00:00
Accession:  0001493152-26-036791
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HyOrc issues $70.2K convertible notes and $7.5M equity purchase agreement with Lambda
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- Issued convertible notes to Jefferson Street Capital and Lambda Ventures, each $35,100 principal, for $32,500 each (total $70,200 principal, $65,000 cash).
- Notes carry 12% one-time interest, mature in 12 months, convertible at 77% of lowest traded price over 15 days.
- Issued 250,000 commitment shares (125k each) to note holders; cancellable if notes repaid within 6 months.
- Entered Equity Purchase Agreement with Lambda for up to $7.5M of common stock; puts min $2,500, max $500k or 200% ADTV, priced at 80% of market.
- Issued 750,000 initial commitment shares to Lambda under the equity purchase agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070789/000149315226036791/0001493152-26-036791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070789/000149315226036791/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-036791

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