---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013616"
form_type: "8-K"
ticker: null
cik: "0001353538"
company_name: "Appgate, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:54:26.115039+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Appgate lenders exercise option to buy additional $1.5M in convertible notes

## Summary
- On March 28, 2024, lenders purchased $1.5M aggregate principal of Legacy Appgate Convertible Senior Notes due 2026.
- Gross proceeds from Additional Notes issued since June 2023 total $5.5M.
- Notes sold in private placement under Section 4(a)(2) exemption; not registered under Securities Act.

## SEC filing metadata
- accession: 0001628280-24-013616
- form_type: 8-K
- cik: 0001353538
- company_name: Appgate, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1353538/000162828024013616/0001628280-24-013616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1353538/000162828024013616/apgt-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013616
- JSON: https://secwatch.observer/filing/0001628280-24-013616.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013616.txt

## Key facts
- Debt Financings
  Appgate, Inc. incurred convertible notes of $1,500,000 with Lenders maturing due 2026.
  - Instrument: convertible notes
  - Principal: $1,500,000
  - Counterparty: Lenders
  - Maturity: due 2026
  - Event: incurrence
  source text: On March 28, 2024, the Lenders exercised their option to purchase an aggregate amount of $1,500,000 of Additional Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1353538/000162828024013616/0001628280-24-013616-index.htm

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