---
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"
generated_at: "2026-05-16T11:48:19.082556+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Two Hands Corp issues $94,300 convertible note to Vanquish, net $75,000

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001494413-26-000002
- JSON: https://secwatch.observer/filing/0001494413-26-000002.json
- Plain text: https://secwatch.observer/filing/0001494413-26-000002.txt

## Key facts
- Debt Financings
  Two Hands Corp incurred convertible notes of $94,300 with Vanquish Funding Group LLC at 10% per annum maturing February 1, 2026.
  - Instrument: convertible notes
  - Principal: $94,300
  - Counterparty: Vanquish Funding Group LLC
  - Rate: 10% per annum
  - Maturity: February 1, 2026
  - Event: incurrence
  source text: pursuant to which the Company sold and Vanquish purchased a convertible promissory note in the principal amount of $94,300
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/0001494413-26-000002-index.htm
- Material Agreements
  Two Hands Corp entered into SPA with Vanquish Funding Group LLC valued at $94,300 (effective 2025-12-02).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Vanquish Funding Group LLC
  - Value: $94,300
  - Effective: 2025-12-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1494413/000149441326000002/0001494413-26-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.