--- schema_version: "secwatch.filing_event.v1" accession: "0001096906-25-001931" form_type: "8-K" ticker: "ALDS" cik: "0001755101" company_name: "APPlife Digital Solutions Inc" filed_at: "2025-11-25T23:59:59+00:00" generated_at: "2026-05-16T17:00:20.711486+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Applife raises $330K via convertible notes and secures $15M equity line ## Summary - Issued convertible notes totaling $330K principal (Nov 19-25), most with 12% interest and 65% conversion discount. - Entered $15M equity line (ELOC) with CM Selling Stockholder (Nov 20), daily purchases up to $100K at 95% of VWAP. - Issued $225K commitment note for ELOC and $150K convertible note (5%, $0.01/sh conversion) to separate investor. ## SEC filing metadata - accession: 0001096906-25-001931 - form_type: 8-K - ticker: ALDS - cik: 0001755101 - company_name: APPlife Digital Solutions Inc - filed_at: 2025-11-25T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 1.01, 2.03, 3.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/alds-20251125_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001096906-25-001931 - JSON: https://secwatch.observer/filing/0001096906-25-001931.json - Plain text: https://secwatch.observer/filing/0001096906-25-001931.txt ## Key facts - Debt Financings APPlife Digital Solutions Inc incurred convertible notes of principal amount of $150,000 at rate of 5% maturing August 20, 2026. - Instrument: convertible notes - Principal: principal amount of $150,000 - Rate: rate of 5% - Maturity: August 20, 2026 - Event: incurrence source text: On November 20, 2025, the Company issued a convertible promissory note to an investor in the principal amount of $150,000 that is due August 20, 2026. The note accrues interest at a rate of 5% and is convertible into common stock at a price of $0.01 per share, subject to adjustment as more fully described in the agreements. evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm - Debt Financings APPlife Digital Solutions Inc incurred convertible notes of principal amount of $60,000 at 12% maturing 12 months after issuance. - Instrument: convertible notes - Principal: principal amount of $60,000 - Rate: 12% - Maturity: 12 months after issuance - Event: incurrence source text: On November 19, 2025, the Company issued two convertible promissory notes to separate investors, each with a principal amount of $60,000, including a $6,000 original issue discount for a purchase price of $54,000. Each note carries a one-time interest charge of 12% ($7,200) earned in full on the issue date and matures 12 months after issuance. evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm - Debt Financings APPlife Digital Solutions Inc incurred convertible notes of principal amount of $60,000 at 12% maturing 12 months after issuance. - Instrument: convertible notes - Principal: principal amount of $60,000 - Rate: 12% - Maturity: 12 months after issuance - Event: incurrence source text: On November 25, 2025, the Company issued a convertible promissory note to an investor, each with a principal amount of $60,000, including a $6,000 original issue discount for a purchase price of $54,000. The note carries a one-time interest charge of 12% ($7,200) earned in full on the issue date and matures 12 months after issuance. evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm - Debt Financings APPlife Digital Solutions Inc incurred credit facility of up to $15,000,000. - Instrument: credit facility - Principal: up to $15,000,000 - Event: incurrence source text: On November 20, 2025, we entered into the Purchase Agreement with the CM Selling Stockholder (the “CM Purchase Agreement”), pursuant to which the CM Selling Stockholder has agreed to purchase from us up to $15,000,000 of our common stock (subject to certain limitations). Also, on November 20, 2025, we entered into a Registration Rights Agreement, with the CM Selling Stockholder, pursuant to which we agreed to file a registration statement with the SEC to register the Selling Stockholder’s resale of shares of common stock issuable by us pursuant to the CM Purchase Agreement. In addition, pursuant to the CM Purchase Agreement, we issued a Note in the amount of $225,0000, (representing commitment fee valued at 1.5% of the CM Purchase Agreement amount). evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm - Material Agreements APPlife Digital Solutions Inc entered into CM Purchase Agreement with CM Selling Stockholder valued at up to $15,000,000 (effective 2025-11-20). - Action: entry - Agreement: equity purchase - Counterparty: CM Selling Stockholder - Value: up to $15,000,000 - Effective: 2025-11-20 source text: On November 20, 2025, we entered into the Purchase Agreement with the CM Selling Stockholder (the "CM Purchase Agreement"), pursuant to which the CM Selling Stockholder has agreed to purchase from us up to $15,000,000 of our common stock (subject to certain limitations). evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625001931/0001096906-25-001931-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.