secwatch.observer — SEC 8-K summary
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Issuer:     Odyssey Health, Inc. (ODYY)
CIK:        0001626644
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0001683168-25-006584
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odyssey Health closes $220K convertible note and warrant financing with Mast Hill Fund
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- Principal $220,000, one-year, 10% note convertible at 85% of 10-day VWAP; default rate 16%.
- Warrant for 1M shares at $0.10, immediately exercisable, cashless exercise if market price exceeds $0.10.
- Net proceeds ~$173,000 after $22,000 OID and $7,500 legal fee deduction.
- Securities issued under Rule 506(b); no registration rights; acknowledges dilution to existing holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626644/000168316825006584/0001683168-25-006584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626644/000168316825006584/odyssey_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-006584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer