---
schema_version: "secwatch.filing_event.v1"
accession: "0001139020-25-000172"
form_type: "8-K"
ticker: "IWAL"
cik: "0001498372"
company_name: "iWallet Corp"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:21:35.685173+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# iWallet enters development pact with Trafton for Slim 2025, iClutch, iPassport

## Summary
- iWallet will pay $37,104 in outstanding invoices and issue 1M shares upon delivery of iClutch and iPassport prototypes.
- Estimated design cost for iWallet Slim 2025 is $129,900; iWallet can pay in stock at 2:1 ratio (two shares per dollar of invoice).
- Trafton to develop renderings and prototypes; iClutch delivery by June 23, 2025, iPassport by June 30, 2025.
- iWallet has option to buy back shares issued to Trafton at original invoice face value plus 12% annual interest.

## SEC filing metadata
- accession: 0001139020-25-000172
- form_type: 8-K
- ticker: IWAL
- cik: 0001498372
- company_name: iWallet Corp
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498372/000113902025000172/0001139020-25-000172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498372/000113902025000172/iwal-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001139020-25-000172
- JSON: https://secwatch.observer/filing/0001139020-25-000172.json
- Plain text: https://secwatch.observer/filing/0001139020-25-000172.txt

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