secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001683168-23-005758
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion waives monthly interest on $1.44M notes, defers all interest to maturity
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- Waived monthly interest on $1.23M (Cavalry Fund) and $208K (WVP) unsecured non-convertible notes.
- Interest now payable in arrears only on Maturity Date; waiver retroactive to May 16, 2023.
- Company retains option to draw $750K second tranche through Nov 16, 2023.
- Company to reimburse $5,000 legal fee to lead holder's counsel.
- No change to principal amount; notes continue to bear interest at original rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823005758/0001683168-23-005758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823005758/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-005758

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer