---
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"
generated_at: "2026-05-31T08:51:14.181368+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aclarion exchanges $930K of near-maturing notes for Series B Preferred convertible at $0.234/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005844
- JSON: https://secwatch.observer/filing/0001683168-24-005844.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005844.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.