{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003623","form_type":"8-K","ticker":null,"cik":"0001614556","company_name":"Star Alliance International Corp.","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.258725+00:00","generated_at":"2026-06-01T15:57:31.494710+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Star Alliance signs $25M line of credit with convertible commitment note","bullets":["Up to $25,000,000 in multiple advances of up to $25,000 each, 60-day term per advance, secured by all assets.","Issued $500,000 convertible promissory note as commitment consideration, convertible on similar terms.","Initial Note convertible at 75% of avg of two lowest intraday prices over 20 trading days before conversion; 4.99% cap.","Covenants restrict share issuance below conversion price for 2 years and additional debt >$100,000 without majority approval.","Default interest at 18% per annum; subsequent Notes convertible only upon default."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003623","json":"https://secwatch.observer/filing/0001683168-24-003623.json","markdown":"https://secwatch.observer/filing/0001683168-24-003623.md","text":"https://secwatch.observer/filing/0001683168-24-003623.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614556/000168316824003623/0001683168-24-003623-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614556/000168316824003623/star_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T15:57:31.494710+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":"295561db5e685d26ef927db716d83e2fb17bcbaf","claim":"Star Alliance International Corp. entered into Line of Credit Agreement with a line of credit investor valued at up to $25,000,000 (effective 2024-05-15).","evidence_excerpt":"On May 15, 2024, Star Alliance International Corp. (the “Company”) entered into a Line of Credit Agreement (the “Agreement”) with a line of credit investor (the “Investor”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1614556/000168316824003623/0001683168-24-003623-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"a line of credit investor"},{"label":"Value","value":"up to $25,000,000"},{"label":"Effective","value":"2024-05-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}