---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-022023"
form_type: "8-K"
ticker: "KULR"
cik: "0001662684"
company_name: "KULR Technology Group, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:27:54.271263+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KULR defers $4.9M debt payment to Dec 2024; shareholders authorize reverse split up to 1:80

## Summary
- Outstanding principal $4,894,664 deferred to Dec 31, 2024; incremental payments start March 2024.
- Investor gets option to receive up to 50% of net proceeds from future financings for early repayment.
- Shareholders approved reverse stock split between 1:2 and 1:80; reduced quorum to 33 1/3%.
- Shareholders authorized issuance of shares over 20% for commercial engagements and existing financing.
- Approval by shareholders holding 55.72% of outstanding shares as of Feb 9, 2024.

## SEC filing metadata
- accession: 0001104659-24-022023
- form_type: 8-K
- ticker: KULR
- cik: 0001662684
- company_name: KULR Technology Group, Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/tm245809d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-022023
- JSON: https://secwatch.observer/filing/0001104659-24-022023.json
- Plain text: https://secwatch.observer/filing/0001104659-24-022023.txt

## Key facts
- Material Agreements
  KULR Technology Group, Inc. amended Amendment Agreement with YA II PN, Ltd (effective 2024-02-13).
  - Action: amendment
  - Counterparty: YA II PN, Ltd
  - Effective: 2024-02-13
  source text: On February 13, 2024, KULR Technology Group, Inc. (the “Company”) entered into a letter agreement (the “Amedment Agreement”) with YA II PN, Ltd (the “Investor”), which is managed by Yorkville Advisors Global, L.P.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm
- Shareholder Votes
  KULR Technology Group, Inc. shareholders approved Amend Certificate of Incorporation to effect a reverse stock split within ratio range 1-for-2 to 1-for-80 at the 2024-02-09 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: (1) to issue shares of Common Stock to current or future engagements with commercial or strategic parties, which may result in issuances of over 20% of the issued and outstanding shares of Common Stock; (2) to amend the Company's Bylaws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stock holders to thirty-three-and-one-third percent (33 1/3 %) of the outstanding voting securities of the Company; (3) to amend the Certificate of Incorporation of the Company to effect a reverse split within a ratio range between 1-for-2 and 1-for-80; (4) to issue shares of common stock, in connection with an existing financing facility, which may result in the potential issuance of over 20% of the issued and ostanding shares. The resolution was approved by shareholders holding in aggregate of 55.72% of outstanding shares as of February 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm
- Shareholder Votes
  KULR Technology Group, Inc. shareholders approved Authorize issuance of shares of common stock in connection with an existing financing facility, potentially over 20% of outstanding shares at the 2024-02-09 meeting.
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: (1) to issue shares of Common Stock to current or future engagements with commercial or strategic parties, which may result in issuances of over 20% of the issued and outstanding shares of Common Stock; (2) to amend the Company's Bylaws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stock holders to thirty-three-and-one-third percent (33 1/3 %) of the outstanding voting securities of the Company; (3) to amend the Certificate of Incorporation of the Company to effect a reverse split within a ratio range between 1-for-2 and 1-for-80; (4) to issue shares of common stock, in connection with an existing financing facility, which may result in the potential issuance of over 20% of the issued and ostanding shares. The resolution was approved by shareholders holding in aggregate of 55.72% of outstanding shares as of February 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm
- Shareholder Votes
  KULR Technology Group, Inc. shareholders approved Authorize issuance of shares of Common Stock to current or future engagements with commercial or strategic parties, potentially over 20% of outstanding shares at the 2024-02-09 meeting.
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: (1) to issue shares of Common Stock to current or future engagements with commercial or strategic parties, which may result in issuances of over 20% of the issued and outstanding shares of Common Stock; (2) to amend the Company's Bylaws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stock holders to thirty-three-and-one-third percent (33 1/3 %) of the outstanding voting securities of the Company; (3) to amend the Certificate of Incorporation of the Company to effect a reverse split within a ratio range between 1-for-2 and 1-for-80; (4) to issue shares of common stock, in connection with an existing financing facility, which may result in the potential issuance of over 20% of the issued and ostanding shares. The resolution was approved by shareholders holding in aggregate of 55.72% of outstanding shares as of February 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm
- Shareholder Votes
  KULR Technology Group, Inc. shareholders approved Amend Bylaws to decrease quorum requirement to 33 1/3% of outstanding voting securities at the 2024-02-09 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: (1) to issue shares of Common Stock to current or future engagements with commercial or strategic parties, which may result in issuances of over 20% of the issued and outstanding shares of Common Stock; (2) to amend the Company's Bylaws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stock holders to thirty-three-and-one-third percent (33 1/3 %) of the outstanding voting securities of the Company; (3) to amend the Certificate of Incorporation of the Company to effect a reverse split within a ratio range between 1-for-2 and 1-for-80; (4) to issue shares of common stock, in connection with an existing financing facility, which may result in the potential issuance of over 20% of the issued and ostanding shares. The resolution was approved by shareholders holding in aggregate of 55.72% of outstanding shares as of February 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465924022023/0001104659-24-022023-index.htm

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