8-K
filed March 4, 2024, 6:59 PM ET
CIK 0001624140
debt
confidence high
sentiment neutral
materiality 0.25
CORETAG, INC.: debt financing — Coretag Holdings consolidates $57K in insider loans via four non-interest bearing promissory notes
CORETAG, INC.
- Total principal of four unsecured promissory notes with CEO Joseph Passalaqua is $57,148, zero interest.
- Notes cover loans from Oct 2021 to Dec 2023; each due 18 months from execution (Oct 2023 or Mar 2024).
- Notes are non-convertible and reflect resolution of previously reported debt to Passalaqua.
- Borrower is Coretag, Inc. (subsidiary) and lender is CEO; no new funds raised.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORETAG, INC. incurred loan of $14,424.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
- Instrument
- loan
- Principal
- $14,424.00
- Counterparty
- Mr. Joseph Passalaqua
- Maturity
- 18 month anniversary thereof
- Event
- incurrence
Exact text from the filing
On October 16, 2023, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2021, through September 30, 2022 in the aggregate amount of $14,424.00
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORETAG, INC. incurred loan of $26,173.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
- Instrument
- loan
- Principal
- $26,173.00
- Counterparty
- Mr. Joseph Passalaqua
- Maturity
- 18 month anniversary thereof
- Event
- incurrence
Exact text from the filing
On October 16, 2023, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2022, through June 30, 2023 in the aggregate amount of $26,173.00
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORETAG, INC. incurred loan of $5,820.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
- Instrument
- loan
- Principal
- $5,820.00
- Counterparty
- Mr. Joseph Passalaqua
- Maturity
- 18 month anniversary thereof
- Event
- incurrence
Exact text from the filing
On March 1, 2024, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from July 1, 2023, through September 30, 2023 in the aggregate amount of $5,820.00
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CORETAG, INC. incurred loan of $10,731.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
- Instrument
- loan
- Principal
- $10,731.00
- Counterparty
- Mr. Joseph Passalaqua
- Maturity
- 18 month anniversary thereof
- Event
- incurrence
Exact text from the filing
On March 1, 2024, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2023, through December 31, 2023 in the aggregate amount of $10,731.00
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.