{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-001588","form_type":"8-K","ticker":"ITOX","cik":"0001290658","company_name":"IIOT-OXYS, Inc.","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.699630+00:00","generated_at":"2026-06-04T09:35:44.454079+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IIOT-OXYS defaults on $550K convertible notes; principal increased 20%","bullets":["$500K (2018) and $50K (2019) notes matured March 1, 2024 without payment; cure period expired.","Default triggers: principal increased 20%, warrant shares doubled (50% to 100%), holders can appoint board member.","Company in negotiations with lenders to revise terms; expects new terms soon."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-001588","json":"https://secwatch.observer/filing/0001683168-24-001588.json","markdown":"https://secwatch.observer/filing/0001683168-24-001588.md","text":"https://secwatch.observer/filing/0001683168-24-001588.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290658/000168316824001588/0001683168-24-001588-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290658/000168316824001588/iiot_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:35:44.454079+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":"2cf5eb4aebf6aebe9b0a09c19eb7800e2de236fd","claim":"IIOT-OXYS, Inc. faced acceleration on convertible notes of $50,000 with YVSGRAMORAH LLC maturing March 1, 2024.","evidence_excerpt":"amount of $500,000 to Sergey Gogin (the “ 2018 Note ”). In addition, on March 6, 2019, the Company issued a Senior Secured Convertible Promissory Note in the principal amount of $50,000 to YVSGRAMORAH LLC (the “ 2019 Note ” and, together, with the 2018 Note, each, a “Note” or, together, the “ Notes ”). The Company has entered into several amendments to each of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290658/000168316824001588/0001683168-24-001588-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$50,000"},{"label":"Counterparty","value":"YVSGRAMORAH LLC"},{"label":"Maturity","value":"March 1, 2024"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"67fac8c21a722c05b416a6ec921633a93cc82a10","claim":"IIOT-OXYS, Inc. faced acceleration on convertible notes of $500,000 with Sergey Gogin maturing March 1, 2024.","evidence_excerpt":"Sheet Arrangement. On January 22, 2018, IIOT-OXYS, Inc., a Nevada corporation (the “ Company ”), issued a Senior Secured Convertible Promissory Note in the principal amount of $500,000 to Sergey Gogin (the “ 2018 Note ”). In addition, on March 6, 2019, the Company issued a Senior Secured Convertible Promissory Note in the principal amount of $50,000 to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290658/000168316824001588/0001683168-24-001588-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$500,000"},{"label":"Counterparty","value":"Sergey Gogin"},{"label":"Maturity","value":"March 1, 2024"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}