---
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"
generated_at: "2026-06-13T17:53:09.066322+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Marquie Group issues $61.1K convertible note at $0.003/share with warrant

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004396
- JSON: https://secwatch.observer/filing/0001683168-23-004396.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004396.txt

## Key facts
- Debt Financings
  Transglobal Management Group, Inc. incurred convertible notes of $61,100 at 12% per annum maturing April 10, 2024.
  - Instrument: convertible notes
  - Principal: $61,100
  - Rate: 12% per annum
  - Maturity: April 10, 2024
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/0001683168-23-004396-index.htm
- Material Agreements
  Transglobal Management Group, Inc. entered into Securities Purchase Agreement (effective 2023-04-10).
  - Action: entry
  - Agreement: equity purchase
  - Effective: 2023-04-10
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1434601/000168316823004396/0001683168-23-004396-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.