secwatch.observer — SEC 8-K summary
======================================

Issuer:     Two Hands Corp (TWOH)
CIK:        0001494413
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001494413-26-000004
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two Hands Corp issues $100K convertible note to Vanquish Funding at 10% interest
--------------------------------------------------------------------------------

- Principal $100,050; purchase price $87,000; net proceeds $80,000 after $2,500 legal and $4,500 diligence fees.
- Matures Oct 15, 2026; 10% annual interest; convertible after 180 days at 75% of lowest closing bid price in prior 10 trading days.
- Prepayment penalties: 115% within 90 days, 120% days 91-150, 125% days 151-180.
- Vanquish granted right of first refusal on financings up to $1M for 12 months; conversion capped at 4.99% beneficial ownership.
- Note issued under Section 4(a)(2) exemption; no general solicitation; accredited investor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494413/000149441326000004/0001494413-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494413/000149441326000004/twohf8k12326.htm
  HTML page:      https://secwatch.observer/filing/0001494413-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer