{"schema_version":"secwatch.filing_event.v1","accession":"0001494413-26-000002","form_type":"8-K","ticker":"TWOH","cik":"0001494413","company_name":"Two Hands Corp","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.218057+00:00","generated_at":"2026-05-16T11:48:19.082556+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Two Hands Corp issues $94,300 convertible note to Vanquish, net $75,000","bullets":["Note matures Feb 1, 2026, carries 10% annual interest, convertible 180 days post-issue.","Conversion price set at 75% of lowest closing bid over prior 10 trading days; beneficial ownership cap 4.99%.","Prepayment penalty escalates from 115% (first 90 days) to 125% (days 151-180); $1,500 deduction per conversion for holder fees.","Vanquish receives right of first refusal on financings up to $1,000,000 for 12 months post-closing.","Note sold under Section 4(a)(2) exemption; legal and due diligence fees reduced net proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001494413-26-000002","json":"https://secwatch.observer/filing/0001494413-26-000002.json","markdown":"https://secwatch.observer/filing/0001494413-26-000002.md","text":"https://secwatch.observer/filing/0001494413-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/0001494413-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/twohf8k12225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:48:19.082556+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":[{"claim_id":"6da725ada8221333b0915e3172ebceabd25edbc9","claim":"Two Hands Corp incurred convertible notes of $94,300 with Vanquish Funding Group LLC at 10% per annum maturing February 1, 2026.","evidence_excerpt":"pursuant to which the Company sold and Vanquish purchased a convertible promissory note in the principal amount of $94,300","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/0001494413-26-000002-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$94,300"},{"label":"Counterparty","value":"Vanquish Funding Group LLC"},{"label":"Rate","value":"10% per annum"},{"label":"Maturity","value":"February 1, 2026"},{"label":"Event","value":"incurrence"}]},{"claim_id":"53de4a867752dfb05acc74b665df02c039acd54b","claim":"Two Hands Corp entered into SPA with Vanquish Funding Group LLC valued at $94,300 (effective 2025-12-02).","evidence_excerpt":"Effective December 2, 2025, Two Hands Corporation (the “ Company ”) entered into a securities purchase agreement (the “ SPA ”) with Vanquish Funding Group LLC, a Virginia limited liability company (“ Vanquish ”), pursuant to which the Company sold and Vanquish purchased a convertible promissory note in the principal amount of $94,300","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/0001494413-26-000002-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Vanquish Funding Group LLC"},{"label":"Value","value":"$94,300"},{"label":"Effective","value":"2025-12-02"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}