Guided Therapeutics director converts $116K note
The converted amount included $50,000 of installments scheduled for October 2026 through February 2027, alongside $60,000 deferred from April through September 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Guided Therapeutics Inc. director and 10% owner John E. Imhoff converted an outstanding $115,515.07 convertible note into 1,650,215 common shares on September 30, 2026, at $0.07 per share. The converted balance comprised $110,000 of principal and $5,515.07 of accrued interest. After conversion, his direct common-stock holdings were 22,902,888 shares, and the note was paid in full. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Convertible Promissory Note F1 | 1,650,215 | -- | -- |
| Conversion | Common Stock F1 | 1,650,215 | $0.07 | $116K |
Footnotes (1)
- F1. On September 30, 2026, Dr. Imhoff converted $115,515.07 outstanding under a September 25, 2025 Convertible Promissory Note, consisting of $110,000 of principal and $5,515.07 of accrued interest, into 1,650,215 shares of common stock at a conversion price of $0.07 per share. The note was convertible at the holder's election upon nonpayment of a scheduled monthly installment of $10,000 plus accrued interest, payable beginning November 30, 2025. By mutual agreement with the Company, the amount converted included $60,000 of deferred installments due April through September 2026 and $50,000 of installments scheduled for October 2026 through February 2027. Following the conversion, the note has been paid in full.
Key Figures
Key Terms
Convertible Promissory Note financial
accrued interest financial
conversion price financial
deferred installments financial
FAQ
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What installments were included in John E. Imhoff’s GTHP note conversion?
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