{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-002027","form_type":"8-K","ticker":"STEK","cik":"0001511820","company_name":"Stemtech Corp","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.325434+00:00","generated_at":"2026-06-17T07:49:35.910578+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stemtech secures up to $7M convertible note facility, initial $1M drawn to retire merchant cash advance","bullets":["Institutional investor Leviston Resources provides up to $7M via convertible note with 12% OID and 7% interest.","Initial $1M disbursement used to fully pay off a standing Merchant Cash Agreement; balance for product development.","Note carries 100% warrant coverage and company has redemption right at 125% of face value.","Investor agrees to no short-selling or hedging of company common stock during term."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-002027","json":"https://secwatch.observer/filing/0001683168-23-002027.json","markdown":"https://secwatch.observer/filing/0001683168-23-002027.md","text":"https://secwatch.observer/filing/0001683168-23-002027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/0001683168-23-002027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:49:35.910578+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":"f5f85428f1d74ae2e0f8ad147e8e4fd9e08c112e","claim":"Stemtech Corp entered into a equity purchase valued at up to $7,000,000 (effective 2023-03-27).","evidence_excerpt":"On March 27 th , 2023, the Company and an institutional investor executed an investment agreement for up to $7,000,000 via a Convertible Promissory Note, Share Purchase Agreement and Warrant Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/0001683168-23-002027-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Value","value":"up to $7,000,000"},{"label":"Effective","value":"2023-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}