secwatch.observer — SEC 8-K summary
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Issuer:     International Stem Cell CORP (ISCO)
CIK:        0001355790
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001683168-23-006510
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Stem Cell extends $2.9M CEO loan maturity to Sept 2024
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- CEO Andrey Semechkin extended $2.9M promissory note maturity from Sept 15, 2023 to Sept 15, 2024.
- Interest rate set at 4.5% per annum; note is unsecured and non-convertible.
- Accrued unpaid interest on original note was approximately $518,100 as of issuance date.
- Borrower may prepay the note in whole or part without penalty at any time.
- Note issued in exchange for original March 15, 2023 promissory note that was maturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355790/000168316823006510/0001683168-23-006510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355790/000168316823006510/intlstemcell_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006510

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