{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-005844","form_type":"8-K","ticker":"ACON","cik":"0001635077","company_name":"Aclarion, Inc.","filed_at":"2024-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.887014+00:00","generated_at":"2026-05-31T08:51:14.181368+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Aclarion exchanges $930K of near-maturing notes for Series B Preferred convertible at $0.234/share","bullets":["Exchanged $930,000 of principal and accrued interest on notes due Sept 2024 for 930 Series B Preferred shares at $1,000 each.","Series B Preferred converts at $0.234 per share, with full-ratchet anti-dilution on future below-conversion-price issuances.","Preferred pays 10% annual dividends (cash or stock at company option) and ranks senior to common upon liquidation.","Conversion capped at 4.99% beneficial ownership (holder may raise to 9.99% on 61-day notice).","Company may redeem at 125% of liquidation value; triggering events (bankruptcy, Nasdaq noncompliance) raise dividend to 18% and lower conversion price."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-005844","json":"https://secwatch.observer/filing/0001683168-24-005844.json","markdown":"https://secwatch.observer/filing/0001683168-24-005844.md","text":"https://secwatch.observer/filing/0001683168-24-005844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1635077/000168316824005844/0001683168-24-005844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1635077/000168316824005844/acon_8k-exchange.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:51:14.181368+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}