secwatch.observer — SEC 8-K summary
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Issuer:     SusGlobal Energy Corp. (SNRG)
CIK:        0001652539
Form:       8-K
Filed at:   2022-09-21T23:59:59+00:00
Accession:  0001062993-22-019827
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SusGlobal Energy amends defaulted promissory notes; principal increased 10%, maturity extended to Nov 2022
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- Default on promissory notes due Aug 15, 2022 cured by Amendment on Sep 15, 2022.
- Principal increased 10%: Oct note to $1,618,100; March notes to $2,640,000 total.
- Maturity extended to Nov 15, 2022, with possible auto-extension to Jan 15, 2023.
- Conversion caps: Oct note max $100k per conversion; March notes max $50k; volume caps of 10% and 5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652539/000106299322019827/0001062993-22-019827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652539/000106299322019827/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-22-019827

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer