Non-Invasive Monitoring Systems: amends four $75,000 promissory notes

What happened Non-Invasive Monitoring Systems, Inc. reported that on Sep 29, 2026 it entered into the Fifth Amendment to four promissory notes. Two amendments relate to promissory notes dated Oct 4, 2021 (each in the principal amount of $75,000) and two relate to promissory notes dated Sep 16, 2022 (each in the principal amount of $75,000). The amendments extend the maturity dates from Sep 30, 2026 to Oct 31, 2026. The notes are with Frost Gamma Investments Trust (a trust controlled by Dr. Phillip Frost, a current director and beneficial owner of more than 10% of the common stock) and with Dr. Jane Hsiao (chairman of the board, interim chief executive officer, and beneficial owner of more than 10% of the common stock).

Key details

• Each amended note has a principal amount of $75,000.
• Amendments executed on Sep 29, 2026 extend maturity dates from Sep 30, 2026 to Oct 31, 2026.
• Counterparties: Frost Gamma Investments Trust (Dr. Phillip Frost) and Dr. Jane Hsiao.
• The filing states no other provisions of the notes were amended.

Why it may matter The company reported this under Item 2.03 (creation of a direct financial obligation), which covers amendments that change the timing of debt obligations. The filing does not state why the insider traded or why the company acted.