{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-004599","form_type":"8-K","ticker":"EVFM","cik":"0001618835","company_name":"Evofem Biosciences, Inc.","filed_at":"2025-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.045963+00:00","generated_at":"2026-05-23T15:29:17.621936+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Evofem issues $1.15M convertible notes to Aditxt as part of merger financing","bullets":["Issued $1,153,846 principal in senior subordinated convertible notes and warrants to buy 74,925,075 shares to Aditxt.","Net proceeds of ~$750,000 from partial close on April 8; Aditxt paid $650 per $1,000 principal.","Notes bear 8% interest (12% default), mature April 8, 2028, convertible at $0.0154 per share; warrants at same price.","Waived Aditxt default for missing $1.5M Fifth Parent Investment; second half must close by April 16 or merger can end.","Aditxt obtained call option from Adjuvant to buy convertible notes for $13M, contingent on senior debt satisfaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-004599","json":"https://secwatch.observer/filing/0001641172-25-004599.json","markdown":"https://secwatch.observer/filing/0001641172-25-004599.md","text":"https://secwatch.observer/filing/0001641172-25-004599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618835/000164117225004599/0001641172-25-004599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618835/000164117225004599/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T15:29:17.621936+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"}