{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-004396","form_type":"8-K","ticker":"TMGI","cik":"0001434601","company_name":"Transglobal Management Group, Inc.","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.854013+00:00","generated_at":"2026-06-13T17:53:09.066322+00:00","sec_items":["2.03","1.01","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Marquie Group issues $61.1K convertible note at $0.003/share with warrant","bullets":["Issued $61,100 principal note for $55,000 cash to MacRab, LLC; effective April 10, 2023.","Note bears 12% interest, matures April 10, 2024; default rate increases to 16%.","Convertible into common at $0.003/share; subject to anti-dilution adjustments.","Also issued warrant to purchase 12,220,000 shares as additional consideration.","Sale exempt under Section 4(2) to an accredited investor; no underwriting discounts."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-004396","json":"https://secwatch.observer/filing/0001683168-23-004396.json","markdown":"https://secwatch.observer/filing/0001683168-23-004396.md","text":"https://secwatch.observer/filing/0001683168-23-004396.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/0001683168-23-004396-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/marquie_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:53:09.066322+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":"848978013123c3386ea74dce19b2aea8aff40977","claim":"Transglobal Management Group, Inc. incurred convertible notes of $61,100 at 12% per annum maturing April 10, 2024.","evidence_excerpt":"On April 10, 2023 (the “Closing Date”), The Marquie Group, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) in connection with the issuance of a discounted convertible promissory note (“Note”) in the aggregate principal amount of $61,100 for cash consideration of $55,000. The Note matures on April 10, 2024 (the “Maturity Date”), and bears interest at the rate of 12% per annum.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/0001683168-23-004396-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$61,100"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"April 10, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b44edcca19c5534d75738c40e3349e2d1976c8db","claim":"Transglobal Management Group, Inc. entered into Securities Purchase Agreement (effective 2023-04-10).","evidence_excerpt":"On April 10, 2023 (the “Closing Date”), The Marquie Group, Inc. (the “Company”) entered into a Securities Purchase Agreement (“SPA”) in connection with the issuance of a discounted convertible promissory note (“Note”) in the aggregate principal amount of $61,100 for cash consideration of $55,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/0001683168-23-004396-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Effective","value":"2023-04-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}