---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-075928"
form_type: "8-K"
ticker: "EXYN"
cik: "0001960355"
company_name: "Exyn Technologies, Inc."
filed_at: "2026-06-19T01:08:25+00:00"
generated_at: "2026-06-22T10:07:49.380347+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exyn avoids default via $1.417M installment plan and 100K share issuance to Evergreen

## Summary
- Agreed to pay $1,417,164.99 in three monthly installments of $472,388.33 to avoid default under Second Amendment.
- Issued 100,000 additional common shares to Evergreen as consideration for 30-day resale registration filing extension.
- Evergreen withdrew demand letter for $1,417,165 and waived liquidated damages and default penalties.
- Side Letter requires Exyn to file resale registration statement covering all Evergreen securities within 30 days of IPO closing.
- Board of Directors approved Side Letter on May 17, 2026; IPO closing occurred on May 18, 2026.

## SEC filing metadata
- accession: 0001104659-26-075928
- form_type: 8-K
- ticker: EXYN
- cik: 0001960355
- company_name: Exyn Technologies, Inc.
- filed_at: 2026-06-19T01:08:25+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1960355/000110465926075928/0001104659-26-075928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1960355/000110465926075928/tm2618314d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-075928
- JSON: https://secwatch.observer/filing/0001104659-26-075928.json
- Plain text: https://secwatch.observer/filing/0001104659-26-075928.txt

## Key facts
- Debt Financings
  Exyn Technologies, Inc. amended debt of $1,417,164.99 with Evergreen Capital Management, LLC maturing August 16, 2026.
  - Principal: $1,417,164.99
  - Counterparty: Evergreen Capital Management, LLC
  - Maturity: August 16, 2026
  - Event: amendment
  source text: became due on June 17, 2026, and two additional installments are due in the amount of $472,388.33, each on July 17, 2026 and August 16, 2026, for a total Installment Amount of $1,417,164.99. The Side Letter provides that no additional liquidated damages, default interest, penalty interest or other similar damages of any nature shall be calculated, assessed or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1960355/000110465926075928/0001104659-26-075928-index.htm

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