{"filing":{"accession_number":"0001213900-26-093726","cik":"0001989930","ticker":"FGL","company_name":"Founder Group Ltd","form":"6-K","filing_date":"2026-08-26","report_date":"2026-08-26","primary_document":"ea0303444-6k_founder.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1989930/000121390026093726/ea0303444-6k_founder.htm"},"events":[{"id":29626,"run_id":27142,"accession_number":"0001213900-26-093726","anchor_item_number":"EX-99.1","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Amendment to a Secured Convertible Promissory Note originally issued December 11, 2025 ($16,070,000 principal) modifying the conversion price formula and adding a new intraday hourly VWAP definition, materially altering the terms of the existing debt obligation.","company_name":"Founder Group Ltd","ticker":"FGL","filing_date":"2026-08-26","form":"6-K","submitted_at":null,"items":[{"id":31972,"accession_number":"0001213900-26-093726","item_number":"EX-99.1","item_title":"ea030344401ex99-1.htm","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This exhibit discloses an amendment to a Secured Convertible Promissory Note originally issued on December 11, 2025 in the principal amount of $16,070,000. The amendment modifies the conversion price formula and adds a new intraday hourly VWAP definition, materially altering the terms of an existing direct financial obligation. While technically an amendment rather than a new issuance, it constitutes a material modification to debt terms that affects the registrant's financial obligations and should be classified under debt_issuance as the closest fit for material debt-related events.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-26T12:01:10.033804+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":29627,"run_id":27142,"accession_number":"0001213900-26-093726","anchor_item_number":"EX-99.2","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Amendment to Pre-Paid Purchase agreement #1 originally issued July 6, 2026 ($1,080,000) modifying the share purchase price formula to 85% of the lowest VWAP over specified periods, materially altering the pricing terms for equity conversion and increasing dilution to existing shareholders.","company_name":"Founder Group Ltd","ticker":"FGL","filing_date":"2026-08-26","form":"6-K","submitted_at":null,"items":[{"id":31973,"accession_number":"0001213900-26-093726","item_number":"EX-99.2","item_title":"ea030344401ex99-2.htm","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This exhibit discloses an amendment to a Pre-Paid Purchase agreement (PPP #1) originally issued July 6, 2026 for $1,080,000. The amendment modifies the \"Purchase Share Purchase Price\" formula to use 85% of the lowest VWAP over specified periods, which establishes a mechanism for dilutive equity issuance. The original PPP #1 was issued pursuant to a Securities Purchase Agreement, indicating this is a convertible or equity-linked security. The amendment materially alters the pricing terms for share conversion/purchase, affecting the dilution to existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-26T12:01:10.033804+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":31972,"accession_number":"0001213900-26-093726","item_number":"EX-99.1","item_title":"ea030344401ex99-1.htm","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This exhibit discloses an amendment to a Secured Convertible Promissory Note originally issued on December 11, 2025 in the principal amount of $16,070,000. The amendment modifies the conversion price formula and adds a new intraday hourly VWAP definition, materially altering the terms of an existing direct financial obligation. While technically an amendment rather than a new issuance, it constitutes a material modification to debt terms that affects the registrant's financial obligations and should be classified under debt_issuance as the closest fit for material debt-related events.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-26T12:01:10.033804+00:00","company_name":"Founder Group Ltd","ticker":"FGL","filing_date":"2026-08-26"},{"id":31973,"accession_number":"0001213900-26-093726","item_number":"EX-99.2","item_title":"ea030344401ex99-2.htm","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This exhibit discloses an amendment to a Pre-Paid Purchase agreement (PPP #1) originally issued July 6, 2026 for $1,080,000. The amendment modifies the \"Purchase Share Purchase Price\" formula to use 85% of the lowest VWAP over specified periods, which establishes a mechanism for dilutive equity issuance. The original PPP #1 was issued pursuant to a Securities Purchase Agreement, indicating this is a convertible or equity-linked security. The amendment materially alters the pricing terms for share conversion/purchase, affecting the dilution to existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-26T12:01:10.033804+00:00","company_name":"Founder Group Ltd","ticker":"FGL","filing_date":"2026-08-26"}]}
