secwatch / observer
8-K filed March 9, 2026, 7:59 PM ET ticker MGNC CIK 0001949864
debt confidence high sentiment neutral materiality 0.80

Mag Magna Corp. enters into $30M equity line and $91K convertible notes with Monroe and Lambda

Mag Magna Corp

Machine-readable event card

schema_version
secwatch.filing_event.v1
accession
0001683168-26-001616
form_type
8-K
ticker
MGNC
cik
0001949864
company_name
Mag Magna Corp
filed_at
2026-03-09T23:59:59+00:00
discovered_at
2026-05-14T18:02:36.854903+00:00
generated_at
2026-05-15T18:13:19.377067+00:00
sec_items
["1.01", "2.03", "3.02", "9.01"]
event_type
debt
sentiment
neutral
materiality_score
0.8
calibrated_materiality_score
0.8
confidence
high
secwatch_canonical_url
https://secwatch.observer/filing/0001683168-26-001616
json_url
https://secwatch.observer/filing/0001683168-26-001616.json
markdown_url
https://secwatch.observer/filing/0001683168-26-001616.md
text_url
https://secwatch.observer/filing/0001683168-26-001616.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/1949864/000168316826001616/0001683168-26-001616-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1949864/000168316826001616/magmagna_8k.htm
generated_by_model
deepseek-v4-flash:cloud
review_status
machine_generated
human_reviewed
false
corrected
false
correction_note
null
correction_timestamp
null
superseded_by
null

Source-grounded claims

44f3d51bb410eb60ec74c633f2d024fac8ad87dc

Mag Magna Corp incurred convertible notes of $91,292.40 with Monroe at 10% per annum maturing 12 months from its issue date.

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

c7c883b269b1c41596604fc51a9cb29184720c57

Mag Magna Corp incurred convertible notes of $91,292.40 with Lambda Ventures, LLC at 10% per annum maturing 12 months from its issue date.

the Company issued to Lambda a convertible promissory note in the principal amount of $91,292.40 (the “Lambda Note”) for cash proceeds of $85,530.00

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

56accf00f9ec7b99eefc3f69966e32a2cda46dd7

Mag Magna Corp entered into Equity Purchase Agreement with Monroe Street Capital Partners, LP valued at Up to $30,000,000.00 of common stock; initial commitment of 15,000 shares; purchase price 80% of low (effective 2026-02-25).

Item 1.01. Entry into a Material Definitive Agreement. Equity Purchase Agreement Effective February 25, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), entered into an Equity Purchase Agreement (the “Purchase Agreement” ) with Monroe Street Capital Partners, LP ( “Monroe” ).

SEC 8-K Item 1.01/1.02 confidence 0.99 SEC evidence

Comparable filings

EMAT

EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued

Evolution Metals & Technologies Corp. May 11, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 7.01, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

Filing page SEC filing

TBH

Brag House issues $2.5M convertible notes at 25% OID; proceeds for House of Doge merger

Brag House Holdings, Inc. May 8, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

The issuance of the Notes in the aggregate original principal amount of $2,500,000 constitutes the creation of a direct financial obligation of the Company. The Notes bear interest at 12.0% per annum, mature on February 4, 2027

Filing page SEC filing

KNX

Knight-Swift closes $1.5B convertible note offering at 1.00% due 2031; proceeds used to repay term loans and revolver

Knight-Swift Transportation Holdings Inc. May 8, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 8.01, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") completed its previously announced private offering (the "Offering") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031

Filing page SEC filing

PUMP

ProPetro issues $690M zero-coupon convertible notes due 2031, expands credit facility

ProPetro Holding Corp. May 7, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 8.01, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031

Filing page SEC filing

ILPT

ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt

Industrial Logistics Properties Trust May 8, 2026, 7:59 PM ET debt Items 1.01, 1.02, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited

Filing page SEC filing

BZFD

BuzzFeed extends $5.0M payment to May 18; agrees to mandatory prepayments, $0.5M fee

BuzzFeed, Inc. May 7, 2026, 7:59 PM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00

Comparable filing

The Fourth Amended Credit Agreement provides for an extension of the $5.0 million due under the Credit Agreement from April 30, 2026 to May 18, 2026.

Filing page SEC filing

MDLN

Medline issues $2.0B senior secured notes & refinances $2.75B term loan; secondary offering of 72.6M shares at $37

Medline Inc. June 2, 2026, 8:06 AM ET debt Items 1.01, 2.03, 8.01, 9.01

same fact type: material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

Item 1.01. Entry into a Material Definitive Agreement. Equity Purchase Agreement Effective February 25, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), entered into an Equity Purchase Agreement (the “Purchase Agreement” ) with Monroe Street Capital Partners, LP ( “Monroe” ).

Comparable filing

Concurrently with the Notes offering, the Issuer refinanced its existing senior secured dollar-denominated term loan facility due 2030 (the “ 2030 Term Loan Facility ”) with a new senior secured dollar-denominated term loan facility in an aggregate principal amount of approximately $2,750.0 million (the “ 2033 Refinancing Term Loan Facility ” and, together with the existing revolving credit facility, the “ Senior Secured Credit Facilities ”).

Filing page SEC filing

TSEOF

Trinseo obtains $142.5M new money DIP financing and $150M AR facility in Chapter 11

Trinseo PLC June 1, 2026, 4:23 PM ET debt Items 1.01, 2.03, 9.01

same fact type: material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

Item 1.01. Entry into a Material Definitive Agreement. Equity Purchase Agreement Effective February 25, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), entered into an Equity Purchase Agreement (the “Purchase Agreement” ) with Monroe Street Capital Partners, LP ( “Monroe” ).

Comparable filing

On May 28, 2026, the Company, as parent, Trinseo NA Finance LLC, as holdings, Trinseo Luxco Finance SPV S.à r.l. and Trinseo NA Finance SPV LLC (together, the “ SHC Borrowers ”), as borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time (the “ SHC DIP Lenders ”), and Alter Domus (US) LLC, as administrative agent and collateral agent, entered into a Senior Secured Super-Priority Debtor-In-Possession HoldCo Credit Agreement (the “ Super-Holdco DIP Credit Agreement ”), providing for a senior secured super-priority priming term loan debtor-in-possession credit facility in an aggregate principal amount of $157.5 million (the “ Super-Holdco DIP Facility ”).

Filing page SEC filing

Source: SEC EDGAR
accession 0001683168-26-001616

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.