NON INVASIVE MONITORING SYSTEMS INC /FL/ 8-K

What Happened

• On June 30, 2026, Non-Invasive Monitoring Systems, Inc. (NIMS) filed an 8-K reporting fourth amendments to four existing promissory notes. Each note has a principal of $75,000 and the amendments extend the maturity dates from June 30, 2026 to September 30, 2026. No other terms of the notes were changed in the amendments.

Key Details

• Four notes amended (two dated October 4, 2021; two dated September 16, 2022), each for $75,000 — total principal affected: $300,000.
• Note holders: Frost Gamma Investments Trust (controlled by director Dr. Phillip Frost) and Dr. Jane Hsiao (NIMS Chairman of the Board and Interim CEO). Both parties beneficially own in excess of 10% of NIMS common stock.
• Amendment date: June 30, 2026; new maturity date: September 30, 2026.
• Filing references: Item 2.03 (creation/adjustment of a direct financial obligation); full amendment documents are filed as Exhibits 10.1–10.4 in the 8-K.

Why It Matters

• For investors, this is a short, three-month postponement of $300,000 in near-term debt obligations rather than a forgiveness or material restructuring. Because the lenders are insiders (a director-controlled trust and the Chairman/Interim CEO), these are related-party transactions that the company has disclosed.
• The amendments did not change other loan terms (e.g., interest or collateral) per the company’s summary; consult the attached exhibits for complete terms if you need full legal details.