{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-032840","form_type":"8-K","ticker":null,"cik":"0001353538","company_name":"Appgate, Inc.","filed_at":"2023-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.685401+00:00","generated_at":"2026-06-10T09:35:53.540006+00:00","sec_items":["2.03","1.01","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Appgate issues $1.0M additional convertible notes at 9.5%, total $5.5M","bullets":["On Sept 18, 2023, Legacy Appgate sold $1.0M additional Convertible Notes to Appgate Funding LLC.","Total Convertible Notes issued to Purchaser now $5.5M; remaining capacity up to $27.5M.","Notes bear 9.50% interest, payable in cash or PIK; cash interest prohibited before July 20, 2024.","Notes mature May 9, 2026 (extendable to May 9, 2028) and convertible at 585.75 shares per $1,000.","Sale exempt from registration under Section 4(a)(2); Purchaser is accredited investor."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-032840","json":"https://secwatch.observer/filing/0001628280-23-032840.json","markdown":"https://secwatch.observer/filing/0001628280-23-032840.md","text":"https://secwatch.observer/filing/0001628280-23-032840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023032840/0001628280-23-032840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023032840/apgt-20230918.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:35:53.540006+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":"719ea780589e0f812cb70f34f3536c74478f4b58","claim":"Appgate, Inc. incurred convertible notes of $1.0 million aggregate principal amount of Additional Convertible Notes with Appgate Funding, LLC at annual rate of 9.50% maturing May 9, 2026, subject to extension to May 9, 2028.","evidence_excerpt":"On September 18, 2023, Legacy Appgate issued and sold to the Purchaser an additional $1.0 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/1353538/000162828023032840/0001628280-23-032840-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1.0 million aggregate principal amount of Additional Convertible Notes"},{"label":"Counterparty","value":"Appgate Funding, LLC"},{"label":"Rate","value":"annual rate of 9.50%"},{"label":"Maturity","value":"May 9, 2026, subject to extension to May 9, 2028"},{"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"}