---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-017644"
form_type: "8-K"
ticker: null
cik: "0001353538"
company_name: "Appgate, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:25:47.473833+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Appgate receives $11.9M in convertible notes from lenders in two April closings

## Summary
- On Apr 19 and Apr 23, 2024, lenders purchased $580k and $5.85M of Additional Convertible Notes, respectively.
- Total gross proceeds from Additional Notes now $11.93M; notes due 2026.
- Notes sold in unregistered transactions to accredited investors under Section 4(a)(2).
- The notes are convertible into common stock of the company.

## SEC filing metadata
- accession: 0001628280-24-017644
- form_type: 8-K
- cik: 0001353538
- company_name: Appgate, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1353538/000162828024017644/0001628280-24-017644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1353538/000162828024017644/apgt-20240419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-017644
- JSON: https://secwatch.observer/filing/0001628280-24-017644.json
- Plain text: https://secwatch.observer/filing/0001628280-24-017644.txt

## Key facts
- Debt Financings
  Appgate, Inc. incurred convertible notes of $580,000 maturing due 2026.
  - Instrument: convertible notes
  - Principal: $580,000
  - Maturity: due 2026
  - Event: incurrence
  source text: On April 19, 2024, the Lenders exercised their option to purchase an aggregate amount of $580,000 of Additional Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1353538/000162828024017644/0001628280-24-017644-index.htm
- Debt Financings
  Appgate, Inc. incurred convertible notes of $5,851,703 maturing due 2026.
  - Instrument: convertible notes
  - Principal: $5,851,703
  - Maturity: due 2026
  - Event: incurrence
  source text: On April 23, 2024, the Lenders exercised their option to purchase an aggregate amount of $5,851,703 of Additional Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1353538/000162828024017644/0001628280-24-017644-index.htm

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