---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-21-010528"
form_type: "8-K"
ticker: "SNRG"
cik: "0001652539"
company_name: "SusGlobal Energy Corp."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:46:49.198768+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SusGlobal Energy issues $1.5M convertible notes with 30% discount to future IPO price

## Summary
- Aggregate principal of $1,765,120 includes $265,120 original issue discount; net proceeds $1.5M.
- Notes convertible at 70% of per-share price in a future public offering (Liquidity Event).
- Maturity date is July 28, 2022, or earlier upon a Liquidity Event; prepayable at 20% premium.
- Spartan Capital Securities earned $70,000 as placement agent.
- Consulting agreements with investor-related parties: $50,000 cash and 72,500 restricted shares.

## SEC filing metadata
- accession: 0001062993-21-010528
- form_type: 8-K
- ticker: SNRG
- cik: 0001652539
- company_name: SusGlobal Energy Corp.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1652539/000106299321010528/0001062993-21-010528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1652539/000106299321010528/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-21-010528
- JSON: https://secwatch.observer/filing/0001062993-21-010528.json
- Plain text: https://secwatch.observer/filing/0001062993-21-010528.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.