BIO-key says it exchanged $416,315.80 of Streeterville note debt for 247,805 shares
BIO-key International entered four Exchange Agreements on September 29, 2026 with lender Streeterville Capital, LLC, converting $416,315.80 of principal from its September 30, 2025 secured note into four new promissory notes that were then exchanged for 247,805 shares of common stock. The filing says the original $1,130,000 note has now been paid in full, and the share issuance was unregistered under Section 3(a)(9) of the Securities Act, so it adds to the share count.
Key points
- Exchange Agreements dated September 29, 2026 with Streeterville Capital, LLC
- $416,315.80 of Original Note principal exchanged, with the Original Note described as paid in full
- Issued 247,805 unregistered shares of common stock under Section 3(a)(9) of the Securities Act
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.