---
schema_version: "secwatch.filing_event.v1"
accession: "0001510964-22-000072"
form_type: "8-K"
ticker: "CVSI"
cik: "0001510964"
company_name: "CV Sciences, Inc."
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:19:33.953701+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CV Sciences issues $2M secured note, extinguishes convertible debt to reduce dilution

## Summary
- Entered $2M secured promissory note with Streeterville Capital; net proceeds $1.59M after $400K OID and $10K fees.
- Terminated existing $1.06M convertible note from 3i, LP by paying $675K settlement amount.
- CEO states elimination of convertible debt removes dilutive stock issuance and downward price pressure.
- Maturity of new note is 9 months from Aug 19, 2022; accelerated repayment from any CARES Act proceeds received.

## SEC filing metadata
- accession: 0001510964-22-000072
- form_type: 8-K
- ticker: CVSI
- cik: 0001510964
- company_name: CV Sciences, Inc.
- filed_at: 2022-08-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1510964/000151096422000072/0001510964-22-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1510964/000151096422000072/cvsi-20220819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001510964-22-000072
- JSON: https://secwatch.observer/filing/0001510964-22-000072.json
- Plain text: https://secwatch.observer/filing/0001510964-22-000072.txt

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