BIO KEY INTERNATIONAL INC (BKYI) Form 8-K — Oct 2, 2026
BIO-key International entered four Exchange Agreements with Streeterville Capital on September 29, 2026, partitioning $416,315.80 of principal from its $1,130,000 secured promissory note into four new notes. The company exchanged those partitioned notes for 247,805 shares of common stock, issued without registration under Section 3(a)(9) of the Securities Act, leaving the Original Note paid in full.
Key figures
- Exchange Shares
- 247805
- Original Note Principal
- 1130000
- Partitioned Note Amounts
- [null,116000,117000,115000]
- Shares Per Dollar
- 247,805 shares / $416,315.80 (~$1.68 of stock per $1 of note)
- Exchange Mechanism
- Section 3(a)(9) note-for-stock exchange
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