BIO-key issues 247,805 shares in unregistered exchange with Streeterville Capital
BKYI•BIO-key issued 247,805 common shares to Streeterville Capital in an unregistered exchange for four promissory notes; the original note balance was reduced by $416,315.80 and then paid in full.
1. Share exchange details
BIO-key entered exchange agreements with Streeterville Capital on Sept. 29, 2026, issuing 247,805 common shares in an unregistered transaction. The shares were issued in exchange for four new promissory notes partitioned from a $1,130,000 secured promissory note dated Sept. 30, 2025. The original note balance was reduced by $416,315.80 and then paid in full following the exchanges. The issuance relied on the Securities Act Section 3(a)(9) exemption from registration.
