{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-018461","form_type":"8-K","ticker":"PMHS","cik":"0001265521","company_name":"Polomar Health Services, Inc.","filed_at":"2025-07-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.548218+00:00","generated_at":"2026-05-18T08:50:54.937991+00:00","sec_items":["1.01","2.03","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Polomar Health restructures $897K debt, issues convertible preferred to affiliates, extends maturity to 2027","bullets":["Reprise note principal reduced to $597,549 using $300K preferred stock proceeds; maturity extended from July 2025 to July 2027; interest reduced to 12%.","CWR note of $450,000 paid in full with proceeds from $450K preferred stock sale to CWR, a related party.","Issued 150 shares of Series A Convertible Preferred Stock at $5,000/share for total $750,000 to two affiliates (Reprise and CWR).","Preferred stock carries 10% cumulative dividend, convertible at $0.40/share, with redemption options and extensive consent rights.","Proceeds used to pay down debt; all transactions involve affiliates of Daniel Gordon, president of Reprise and manager of CWR."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-018461","json":"https://secwatch.observer/filing/0001641172-25-018461.json","markdown":"https://secwatch.observer/filing/0001641172-25-018461.md","text":"https://secwatch.observer/filing/0001641172-25-018461.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1265521/000164117225018461/0001641172-25-018461-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1265521/000164117225018461/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:50:54.937991+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":"1b1df8ff80a01d0ba78357a3997b19f632d5da0b","claim":"Polomar Health Services, Inc.: Filed Certificate of Designations for Series A Convertible Preferred Stock, authorizing 1,000 shares with specific dividend, liquidation, and voting rights (effective 2025-07-03).","evidence_excerpt":"On July 3, 2025, the Company filed with the Secretary of State of the State of Nevada, a Certificate of Designations of Rights, Preferences and Limitations of Series A Convertible Preferred Stock (the “Certificate”), which authorized 1,000 shares of Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1265521/000164117225018461/0001641172-25-018461-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-07-03"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}