secwatch.observer — SEC 8-K summary
======================================

Issuer:     SusGlobal Energy Corp. (SNRG)
CIK:        0001652539
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001062993-23-000509
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

SusGlobal Energy extends two promissory notes, issues 1.62M shares as consideration
--------------------------------------------------------------------------------

- October 2021 note (~$322k) maturity extended to July 2023; conversion price changed to 35% discount to lowest bid.
- June 2022 note principal increased to $1.32M; maturity extended to June 2023.
- October note now convertible at any time (previously only on liquidity event); discount widened from 30% to 35%.
- Company issued 500k shares for Oct note extension, 450k shares for June note interest, 666,667 commitment shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652539/000106299323000509/0001062993-23-000509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652539/000106299323000509/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-000509

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