{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-000626","form_type":"8-K","ticker":"HIRU","cik":"0000925779","company_name":"HIRU Corp","filed_at":"2024-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.319267+00:00","generated_at":"2026-06-06T10:27:28.815756+00:00","sec_items":["2.03","5.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"HIRU Corp. defaults on $1.4M loan to Bayern Industries; new management takes over, restructuring agreed","bullets":["Default on $1.4M loan from Bayern Industries (May 2022) occurred July 2023; UCC filing Jan 24, 2024 lists water equipment collateral.","New management gained control on or about Oct 16, 2023; filed board notes with OTC Markets on Nov 10 and Nov 13, 2023.","Company reached agreement in principle with Bayern to restructure the loan and resume water packing operations; definitive deal to follow.","Principal executive offices moved to West Palm Beach, FL (500 S Australian Ave Suite 600) from Glendale, AZ."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-000626","json":"https://secwatch.observer/filing/0001683168-24-000626.json","markdown":"https://secwatch.observer/filing/0001683168-24-000626.md","text":"https://secwatch.observer/filing/0001683168-24-000626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/925779/000168316824000626/0001683168-24-000626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/925779/000168316824000626/hiru_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T10:27:28.815756+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":"f4bb791759d00e2885cb44621297ac3194567e8a","claim":"HIRU Corp incurred loan of $1.4 Millions with Bayern Industries.","evidence_excerpt":"On or about May 22, 2022, the issuer HIRU entered into a certain loan agreement of $1.4 Millions with Bayern Industries (the \"creditor\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/925779/000168316824000626/0001683168-24-000626-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1.4 Millions"},{"label":"Counterparty","value":"Bayern Industries"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}