secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0001683168-23-006219
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion closes $750K second tranche of unsecured note financing; amends terms
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- Received $750K gross proceeds from second tranche; principal amount $862.5K (15% OID).
- Notes carry 8% interest, mature May 16, 2024, unsecured and non-convertible.
- Monthly interest payments waived until maturity; prepayment allowed without penalty.
- Company must use 50% of proceeds from offerings over $4M to retire outstanding notes.
- Amendment waives warrant anti-dilution for shares under equity line with White Lion Capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823006219/0001683168-23-006219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823006219/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006219

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