secwatch.observer — SEC 8-K summary
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Issuer:     Alaska Silver Corp. (WAMFF)
CIK:        0001893899
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001062993-25-017444
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alaska Silver amends promissory note: rate cut to 3.5%, maturity extended to July 2027
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- Interest rate reduced from 5.0% to 3.5% effective Nov 1, 2025; principal balance ~$1.50M.
- Monthly principal payments reduced from $25k to $10k; maturity extended from Dec 2026 to Jul 2027.
- Issued 68,334 RSUs (~$54k total value) to three non-executive directors for Q3/Q4 2025 fees; vest in one year.
- Amendment is the eighth modification to the original $3.698M promissory note from March 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1893899/000106299325017444/0001062993-25-017444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1893899/000106299325017444/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-017444

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