{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-030226","form_type":"8-K","ticker":null,"cik":"0001353538","company_name":"Appgate, Inc.","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.684949+00:00","generated_at":"2026-06-11T05:29:31.918637+00:00","sec_items":["2.03","1.01","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Appgate issues additional $2M in convertible notes at 9.50%, total $4.5M outstanding","bullets":["Issued additional $2.0M aggregate principal of Convertible Notes on August 21, 2023, total now $4.5M.","Notes bear 9.50% annual interest, payable in cash or PIK; cash interest prohibited before July 20, 2024.","Convertible into common stock at 585.7496 shares per $1,000 principal; maturity May 9, 2026 (extendable to 2028).","Purchaser can buy up to an additional $27.5M in Convertible Notes through July 20, 2025.","Obligations secured by second-priority security interest in substantially all assets of Legacy Appgate and Note Guarantors."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-030226","json":"https://secwatch.observer/filing/0001628280-23-030226.json","markdown":"https://secwatch.observer/filing/0001628280-23-030226.md","text":"https://secwatch.observer/filing/0001628280-23-030226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023030226/0001628280-23-030226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023030226/apgt-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:29:31.918637+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":"42e17c95a4e48754486cea52ba25677fecb650cc","claim":"Appgate, Inc. incurred convertible notes of $2.0 million aggregate principal amount of Additional Convertible Notes with Appgate Funding, LLC at 9.50% maturing May 9, 2026.","evidence_excerpt":"On August 21, 2023, Legacy Appgate issued and sold to the Purchaser an additional $2.0 million aggregate principal amount of Additional Convertible Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023030226/0001628280-23-030226-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$2.0 million aggregate principal amount of Additional Convertible Notes"},{"label":"Counterparty","value":"Appgate Funding, LLC"},{"label":"Rate","value":"9.50%"},{"label":"Maturity","value":"May 9, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}