secwatch.observer — SEC 8-K summary
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Issuer:     Nordicus Partners Corp (NORD)
CIK:        0001011060
Form:       8-K
Filed at:   2026-09-16T22:00:37+00:00
Accession:  0001493152-26-042971
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nordicus Partners issues $600K convertible note to Keystone Capital, receives $500K cash
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- Issued $600,000 principal Convertible Grid Note to Keystone Capital Partners LLC on Sept 10, 2026; received $500,000 cash.
- Note bears 5.0% annual interest, matures June 10, 2027; prepayment requires 120% premium.
- Issued 250,000 commitment shares of common stock to lender as funding consideration.
- Conversion allowed only after June 10, 2027 and during an Event of Default, at 90% of 10-day VWAP.
- Registration statement covering resale of conversion shares due on or before November 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011060/000149315226042971/0001493152-26-042971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011060/000149315226042971/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-042971

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