{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-048139","form_type":"8-K","ticker":"GCTK","cik":"0001506983","company_name":"Glucotrack, Inc.","filed_at":"2026-10-22T21:29:23+00:00","discovered_at":"2026-10-22T21:30:00.274334+00:00","generated_at":"2026-10-22T21:30:13.070177+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Glucotrack raises $2M via 22% OID secured convertible notes and sets 1-for-2 reverse split","bullets":["Issued $2.56M principal of 8% senior secured convertible notes due 9 months for $2.0M cash, a 22% original issue discount; default rate 18%.","Notes convert at lower of $0.6390 or 80% of 15-day VWAP, floor 20% of Nasdaq Minimum Price; exchange cap 19.99% pending stockholder approval.","Issued warrants for 8,025,360 shares at $1.5975, exercisable 5 years; Dawson James got 7% cash fee, 160,508 warrants at 125% of conversion price, up to $50K expenses.","1-for-2 reverse split effective Oct 26, 2026; outstanding shares fall from 2,368,237 to about 1,184,119; new CUSIP 45824Q879.","Reverse split aims to regain Nasdaq $1.00 bid compliance by Nov 9, 2026, after prior 1-for-15 split on Aug 28, 2026; delisting possible if terms not met."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-048139","json":"https://secwatch.observer/filing/0001493152-26-048139.json","markdown":"https://secwatch.observer/filing/0001493152-26-048139.md","text":"https://secwatch.observer/filing/0001493152-26-048139.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506983/000149315226048139/0001493152-26-048139-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506983/000149315226048139/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-22T21:30:13.070177+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}