{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000072","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.278880+00:00","generated_at":"2026-06-10T03:32:00.080528+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Avant Technologies issues $126K convertible note to 1800 Diagonal Lending LLC","bullets":["Issued $126,000 convertible note (original issue discount of $21,000) for net proceeds of $105,000.","Note matures March 2, 2025, bears 8% interest, convertible after 180 days at 85% of lowest trading price.","Conversion capped at 4.99% beneficial ownership; company repaid prior $125,100 note on Sept 26, 2023 for $136,393.","Proceeds used for general working capital; securities issued under Section 4(a)(2) exemption."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000072","json":"https://secwatch.observer/filing/0001740797-23-000072.json","markdown":"https://secwatch.observer/filing/0001740797-23-000072.md","text":"https://secwatch.observer/filing/0001740797-23-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000072/0001740797-23-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000072/avai8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:32:00.080528+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"}