Imhoff (GTHP) converts notes, exercises warrants and lifts GUIDED THERAPEUTICS common stock holdings
Rhea-AI Filing Summary
GUIDED THERAPEUTICS INC director and 10% owner John E. Imhoff reported several stock-accretive transactions. He converted portions of a September 25, 2025 convertible promissory note into 195,460, 312,720 and 156,086 shares of common stock at a conversion price of $0.07 per share, turning principal and accrued interest into equity.
Imhoff also converted 100 shares of Series E preferred stock with a stated value of $1,000 and a $0.25 conversion price into 400,000 common shares, and received additional common shares for accrued Series E dividends. During February 2026, he exchanged 500,000 warrants with a $0.50 exercise price for 500,000 warrants at $0.20, then exercised the new warrants for 500,000 common shares upon payment of $100,000, while extending the expiration of 500,000 warrants at $0.65 by one year. Following the latest reported transactions, he directly holds 21,053,099 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Convertible Promissory Note | 156,086 | $0.07 | $11K |
| Other | Preferred Series E Stock | 100 | $0.00 | $0.00 |
| Other | Common Stock | 400,000 | $0.00 | $0.00 |
| Conversion | Common Stock | 156,086 | $0.07 | $11K |
| Other | Warrants | 500,000 | $0.00 | $0.00 |
| Other | Warrants | 500,000 | $0.00 | $0.00 |
| Other | Warrants | 500,000 | $0.00 | $0.00 |
| Other | Warrants | 500,000 | $0.00 | $0.00 |
| In-the-Money Exercise | Warrants | 500,000 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Stock | 500,000 | $0.00 | $0.00 |
| Conversion | Convertible Promissory Note | 312,720 | $0.00 | $0.00 |
| Conversion | Common Stock | 312,720 | $0.07 | $22K |
| Other | Common Stock | 25,338 | $0.00 | $0.00 |
| Conversion | Convertible Promissory Note | 195,460 | $0.00 | $0.00 |
| Conversion | Common Stock | 195,460 | $0.07 | $14K |
Footnotes (6)
- F1. On December 18, 2025, Dr. Imhoff converted $13,682.19 outstanding under a September 25, 2025 Convertible Promissory Note into 195,460 shares of common stock at a conversion price of $0.07 per share. The amount converted consisted of $10,000 of principal and $3,682.19 of accrued interest. Following the reported conversion, $150,000 of principal remains outstanding under the convertible promissory note. Upon the occurrence of an event of default, the remaining balance is convertible into common stock at a variable conversion price determined in accordance with the terms of the note.
- F2. These shares were issued for payment of accrued dividends on the reporting individual's Series E preferred stock, at a conversion price of $0.3157.
- F3. On February 2, 2026, Dr. Imhoff converted $21,890.41 outstanding under a September 25, 2025 Convertible Promissory Note into 312,720 shares of common stock at a conversion price of $0.07 per share. The amount converted consisted of $20,000 of principal and $1,890.41 of accrued interest. Following the reported conversion, $130,000 of principal remains outstanding under the convertible promissory note. Upon the occurrence of an event of default, the remaining balance is convertible into common stock at a variable conversion price determined in accordance with the terms of the note.
- F4. During February 2026, Mr. Imhoff signed an exchange agreement pursuant to which 500,000 warrants to purchase shares of common stock with an exercise price of $0.50 were exchanged for 500,000 warrants with an exercise price of $0.20. The newly issued warrants were subsequently exercised upon payment of $100,000. In connection with the exchange agreement, the expiration date of 500,000 warrants with exercise price of $0.65 was extended for one year, until September 1, 2027.
- F5. On February 27, 2026, Mr. Imhoff converted 100 shares of Series E preferred stock into 400,000 shares of common stock. The Series E preferred stock had a stated value of $1,000 and $0.25 conversion price.
- F6. On February 26, 2026, Dr. Imhoff converted $10,926.03 outstanding under a September 25, 2025 Convertible Promissory Note into 156,086 shares of common stock at a conversion price of $0.07 per share. The amount converted consisted of $10,000 of principal and $926.03 of accrued interest. Following the reported conversion, $120,000 of principal remains outstanding under the convertible promissory note. Upon the occurrence of an event of default, the remaining balance is convertible into common stock at a variable conversion price determined in accordance with the terms of the note.
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