{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-009590","form_type":"8-K","ticker":"FYNN","cik":"0001497230","company_name":"Fyntechnical Innovations Inc","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.246686+00:00","generated_at":"2026-05-31T15:14:40.394812+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"SMC Entertainment exchanges $516K of convertible debt for 55,000 Series D Preferred Shares","bullets":["Retired $516,004 of debt ($313,323 and $202,681 notes) by issuing 55,000 Series D Preferred Shares.","Preferred Shares convert at lesser of $0.005 or 65% of 90-day avg closing price; conversion after 2 years, max 4.99%.","Since June 14, total debt retired/exchanged is $1,395,763; also cancelled 250M common shares since June 7.","CEO cites enhanced balance sheet and stock undervaluation, referencing pending ChainTrade Ltd. asset purchase."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-009590","json":"https://secwatch.observer/filing/0001654954-24-009590.json","markdown":"https://secwatch.observer/filing/0001654954-24-009590.md","text":"https://secwatch.observer/filing/0001654954-24-009590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497230/000165495424009590/0001654954-24-009590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497230/000165495424009590/smc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:14:40.394812+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"}