{"schema_version":"secwatch.filing_event.v1","accession":"0001601485-25-000018","form_type":"8-K","ticker":"ELTX","cik":"0001601485","company_name":"Elicio Therapeutics, Inc.","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.152741+00:00","generated_at":"2026-05-25T10:25:46.876408+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Elicio Therapeutics (ELTX) settles $20M convertible note, issues 3.5M shares","bullets":["Converted $20M 3.0% Senior Secured Convertible Note due Feb 2026 into 3,500,573 common shares on March 5, 2025.","Shares issued to GKCC, LLC, an entity controlled by a board member; exemption under Section 3(a)(9) of Securities Act.","Conversion triggered by stock price closing at or above 135% of $5.81 conversion price for 20 of 30 trading days.","Post-conversion shares outstanding increased to 15,861,913, diluting prior holders by approximately 28%.","Note originally issued in August 2024; conversion eliminates remaining principal and accrued interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001601485-25-000018","json":"https://secwatch.observer/filing/0001601485-25-000018.json","markdown":"https://secwatch.observer/filing/0001601485-25-000018.md","text":"https://secwatch.observer/filing/0001601485-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601485/000160148525000018/0001601485-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601485/000160148525000018/angn-20250305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T10:25:46.876408+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"}