Securetech Innovations, Inc. (SCTH): debt financing — SecureTech Innovations issues $150K convertible note to CFI Capital with 6% interest, 60% discount conversion

Securetech Innovations, Inc.

Principal $150,000; net proceeds $135,000 after $15,000 OID; due Sept 18, 2026.
Conversion after 6 months at 60% of lowest 15-day trading price prior to conversion.
Interest 6% payable in common stock at holder's option; default triggers 45% conversion discount.
Prepayment penalties range 110%-140% of principal plus accrued interest; default triggers include SEC filing delinquency and loss of bid price.
Issuer must reserve 335,121 shares for conversion, maintain 5x coverage, and cannot be a shell issuer.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Securetech Innovations, Inc. incurred convertible notes of principal amount of $150,000 of which $15,000 was retained by CFI through an Original Issue Discount with CFI Capital LLC at 6% convertible promissory Note maturing due and payable on September 18, 2026.

Instrument: convertible notes
Principal: principal amount of $150,000 of which $15,000 was retained by CFI through an Original Issue Discount
Counterparty: CFI Capital LLC
Rate: 6% convertible promissory Note
Maturity: due and payable on September 18, 2026
Event: incurrence

Exact text from the filing

On September 18, 2025 SecureTech Innovations, Inc. (“ SecureTech ” or “ Company ”) entered into a securities purchase agreement (“ Purchase Agreement ”) with CFI Capital LLC (“ CFI ”), pursuant to which CFI purchased a 6% convertible promissory Note (“ Note ”) from SecureTech in the principal amount of $150,000 of which $15,000 was retained by CFI through an Original Issue Discount.

View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

Securetech Innovations, Inc. filing history →

Source: SEC EDGAR

accession 0001017386-25-000120

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.