{"filing":{"accession_number":"0001683168-26-005793","cik":"0001945619","ticker":"KSEZ","company_name":"Kinetic Seas Inc.","form":"8-K","filing_date":"2026-07-28","report_date":"2026-07-08","primary_document":"kinetic_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1945619/000168316826005793/kinetic_8k.htm"},"events":[{"id":20973,"run_id":18896,"accession_number":"0001683168-26-005793","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Kinetic Seas entered into a Securities Purchase Agreement on July 8, 2026, issuing a 6% Convertible Redeemable Note with $210,000 principal amount and $189,000 gross proceeds, creating a new direct financial obligation with specified maturity, interest rate, redemption terms, and default provisions.","company_name":"Kinetic Seas Inc.","ticker":"KSEZ","filing_date":"2026-07-28","form":"8-K","submitted_at":null,"items":[{"id":20491,"accession_number":"0001683168-26-005793","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":"Kinetic Seas entered into a Securities Purchase Agreement on July 8, 2026, issuing a 6% Convertible Redeemable Note with $210,000 principal amount and $189,000 gross proceeds. While the instrument is convertible into common stock, the primary disclosure centers on the creation of a new direct financial obligation—a debt instrument with specified maturity, interest rate, redemption terms, and default provisions. The convertibility feature is secondary to the debt obligation itself. This is material as it represents a significant capital raise and creates a new financial liability for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"","ticker":null,"filing_date":""},{"id":20492,"accession_number":"0001683168-26-005793","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, typically debt issuances. The filing incorporates Item 1.01 by reference, which commonly covers material acquisitions or transactions that create new debt obligations. The materiality of a new direct financial obligation warrants classification as debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":20974,"run_id":18896,"accession_number":"0001683168-26-005793","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Kinetic Seas conducted an unregistered sale of equity securities relying on Section 4(a)(2) and Rule 506 exemptions as part of the Securities Purchase Agreement, representing a material private placement to a private investor.","company_name":"Kinetic Seas Inc.","ticker":"KSEZ","filing_date":"2026-07-28","form":"8-K","submitted_at":null,"items":[{"id":20493,"accession_number":"0001683168-26-005793","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 explicitly discloses an unregistered sale of equity securities relying on Section 4(a)(2) and Rule 506 exemptions, which are hallmark private placement mechanisms. The reference to securities \"described in Item 1.01\" indicates a material transaction involving equity issuance to a private investor, typical of dilutive capital raises at small- and mid-cap companies.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":20491,"accession_number":"0001683168-26-005793","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":"Kinetic Seas entered into a Securities Purchase Agreement on July 8, 2026, issuing a 6% Convertible Redeemable Note with $210,000 principal amount and $189,000 gross proceeds. While the instrument is convertible into common stock, the primary disclosure centers on the creation of a new direct financial obligation—a debt instrument with specified maturity, interest rate, redemption terms, and default provisions. The convertibility feature is secondary to the debt obligation itself. This is material as it represents a significant capital raise and creates a new financial liability for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"Kinetic Seas Inc.","ticker":"KSEZ","filing_date":"2026-07-28"},{"id":20492,"accession_number":"0001683168-26-005793","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, typically debt issuances. The filing incorporates Item 1.01 by reference, which commonly covers material acquisitions or transactions that create new debt obligations. The materiality of a new direct financial obligation warrants classification as debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"Kinetic Seas Inc.","ticker":"KSEZ","filing_date":"2026-07-28"},{"id":20493,"accession_number":"0001683168-26-005793","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 explicitly discloses an unregistered sale of equity securities relying on Section 4(a)(2) and Rule 506 exemptions, which are hallmark private placement mechanisms. The reference to securities \"described in Item 1.01\" indicates a material transaction involving equity issuance to a private investor, typical of dilutive capital raises at small- and mid-cap companies.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T13:46:43.008821+00:00","company_name":"Kinetic Seas Inc.","ticker":"KSEZ","filing_date":"2026-07-28"}]}
