secwatch.observer — SEC 8-K summary
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Issuer:     Glucotrack, Inc. (GCTK)
CIK:        0001506983
Form:       8-K/A
Filed at:   2026-10-13T20:45:18+00:00
Accession:  0001493152-26-046847
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Glucotrack restates Lokahi merger pro forma for 1-for-15 reverse split; H1 2026 pro forma net loss $19.7M
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- Lokahi merger closed July 14, 2026; 5,323,013 common-equivalent shares issued, valued at $33.33M ($6.261/share).
- Purchase price allocated to $25.4M in-process R&D/intangibles and $14.67M goodwill; liabilities assumed $9.24M.
- Pro forma H1 2026 net loss $19.70M (no revenue); FY2025 pro forma net loss $28.14M, EPS loss $236.97.
- Bridge: $4.45M gross (face $5.71M, 22% OID, 8% coupon, due 4/14/27) plus $3.5M follow-on (due 5/4/27).
- 1-for-15 split effective Aug 28, 2026; ELOC allows up to $50M of stock sales over 3 years, none sold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506983/000149315226046847/0001493152-26-046847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506983/000149315226046847/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-046847

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