---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-001912"
form_type: "8-K"
ticker: "ZEOX"
cik: "0001557376"
company_name: "Zeo ScientifiX, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:29:01.533975+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Organicell secures $504,400 net from $530K convertible note, issues warrants and shares to AJB Capital

## Summary
- Issued $530,000 promissory note to AJB Capital Investments at 12% interest, maturing Sept 6, 2023.
- Net proceeds of $504,400 after OID and legal fees for working capital; note convertible upon event of default.
- Issued warrant to purchase up to 10 million shares at $0.06/share for five years.
- Paid commitment fee of $300,000 in 15 million shares of common stock.
- Reserved 120 million shares for potential conversion and warrant exercise.

## SEC filing metadata
- accession: 0001829126-23-001912
- form_type: 8-K
- ticker: ZEOX
- cik: 0001557376
- company_name: Zeo ScientifiX, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1557376/000182912623001912/0001829126-23-001912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1557376/000182912623001912/organicellregen_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-001912
- JSON: https://secwatch.observer/filing/0001829126-23-001912.json
- Plain text: https://secwatch.observer/filing/0001829126-23-001912.txt

## Key facts
- Debt Financings
  Zeo ScientifiX, Inc. incurred loan of $530,000 with AJB Capital Investments, LLC at 12% per annum maturing September 6, 2023.
  - Instrument: loan
  - Principal: $530,000
  - Counterparty: AJB Capital Investments, LLC
  - Rate: 12% per annum
  - Maturity: September 6, 2023
  - Event: incurrence
  source text: On March 6, 2023, the Company entered into a Securities Purchase Agreement (the “ SPA ”) with AJB Capital Investments, LLC (the “ Purchaser ”), pursuant to which we sold a Promissory Note in the principal amount of $530,000 (the “ Note ”) to the Purchaser in a private transaction to for a purchase price of $519,400 (giving effect to original issue discount of $10,600).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1557376/000182912623001912/0001829126-23-001912-index.htm
- Material Agreements
  Zeo ScientifiX, Inc. entered into Securities Purchase Agreement with AJB Capital Investments, LLC valued at $530,000 (effective 2023-03-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: AJB Capital Investments, LLC
  - Value: $530,000
  - Effective: 2023-03-06
  source text: On March 6, 2023, the Company entered into a Securities Purchase Agreement (the " SPA ") with AJB Capital Investments, LLC (the " Purchaser "), pursuant to which we sold a Promissory Note in the principal amount of $530,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1557376/000182912623001912/0001829126-23-001912-index.htm

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