{"filing":{"accession_number":"0001437749-26-033299","cik":"0001854526","ticker":"BRQL","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","form":"8-K","filing_date":"2026-10-22","report_date":"2026-10-16","primary_document":"brql20261022_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1854526/000143774926033299/brql20261022_8k.htm"},"events":[{"id":37362,"run_id":34441,"accession_number":"0001437749-26-033299","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"On October 16, 2026, the Company entered into multiple debt agreements with its COO and CEO, including subordinated secured promissory notes, revolving lines of credit, and amended loan agreements totaling approximately $347,000+ in principal and accrued obligations, with interest rates ranging from 18–29.99% per annum.","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","ticker":"BRQL","filing_date":"2026-10-22","form":"8-K","submitted_at":null,"items":[{"id":42053,"accession_number":"0001437749-26-033299","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company entered into multiple debt agreements with its COO and CEO on October 16, 2026, including subordinated secured promissory notes, revolving lines of credit, and amended loan agreements totaling approximately $347,000+ in principal and accrued obligations. These represent new or materially amended direct financial obligations that would affect a reasonable investor's assessment of the Company's capital structure and liquidity, particularly given the high interest rates (18–29.99% per annum) and subordinated status relative to senior secured debt.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"","ticker":null,"filing_date":""},{"id":42054,"accession_number":"0001437749-26-033299","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 is filed and incorporates Item 1.01 by reference, which typically discloses material acquisitions, dispositions, or debt issuances. The Item 2.03 caption explicitly references \"Creation of a Direct Financial Obligation,\" which is the hallmark of debt issuance. Without access to Item 1.01 details, debt_issuance is the most probable classification for a standalone Item 2.03 filing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":37363,"run_id":34441,"accession_number":"0001437749-26-033299","anchor_item_number":"5.02","event_type":"exec_compensation","event_domain":"governance","is_material":false,"confidence":0.95,"summary":"The Board approved an increase in annual base salary for Robin Hoops, the CFO, from $185,000 to $200,000, effective September 16, 2026.","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","ticker":"BRQL","filing_date":"2026-10-22","form":"8-K","submitted_at":null,"items":[{"id":42055,"accession_number":"0001437749-26-033299","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":false,"confidence":0.95,"reasoning":"The disclosure centers on the Board's approval of an increase in annual base salary for Robin Hoops, the CFO, from $185,000 to $200,000 effective September 16, 2026. This is a compensatory arrangement for a named executive officer, fitting the exec_compensation category. While the salary increase is modest (~8%), it is routine administrative compensation adjustment rather than a material event affecting investor assessment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":42053,"accession_number":"0001437749-26-033299","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company entered into multiple debt agreements with its COO and CEO on October 16, 2026, including subordinated secured promissory notes, revolving lines of credit, and amended loan agreements totaling approximately $347,000+ in principal and accrued obligations. These represent new or materially amended direct financial obligations that would affect a reasonable investor's assessment of the Company's capital structure and liquidity, particularly given the high interest rates (18–29.99% per annum) and subordinated status relative to senior secured debt.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","ticker":"BRQL","filing_date":"2026-10-22"},{"id":42054,"accession_number":"0001437749-26-033299","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 is filed and incorporates Item 1.01 by reference, which typically discloses material acquisitions, dispositions, or debt issuances. The Item 2.03 caption explicitly references \"Creation of a Direct Financial Obligation,\" which is the hallmark of debt issuance. Without access to Item 1.01 details, debt_issuance is the most probable classification for a standalone Item 2.03 filing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","ticker":"BRQL","filing_date":"2026-10-22"},{"id":42055,"accession_number":"0001437749-26-033299","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":false,"confidence":0.95,"reasoning":"The disclosure centers on the Board's approval of an increase in annual base salary for Robin Hoops, the CFO, from $185,000 to $200,000 effective September 16, 2026. This is a compensatory arrangement for a named executive officer, fitting the exec_compensation category. While the salary increase is modest (~8%), it is routine administrative compensation adjustment rather than a material event affecting investor assessment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T10:01:40.987861+00:00","company_name":"DYNAMIC AEROSPACE SYSTEMS Corp","ticker":"BRQL","filing_date":"2026-10-22"}]}