{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-23-000084","form_type":"8-K","ticker":"FUST","cik":"0001636051","company_name":"FUSE GROUP HOLDING INC.","filed_at":"2023-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.945959+00:00","generated_at":"2026-06-20T01:06:55.275698+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Fuse Group issues $50K convertible note to Liu Marketing; conversion at $0.45/share","bullets":["Sold $50,000 convertible promissory note to Liu Marketing (M) Sdn. Bhd. on Jan 30, 2023.","Note carries 3% annual interest, payable Jan 30, 2024 and 2025; matures 24 months from payment.","Holder may convert any outstanding principal and interest into common stock at $0.45 per share anytime.","Note issued under Regulation S exemption; no registered offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-23-000084","json":"https://secwatch.observer/filing/0001185185-23-000084.json","markdown":"https://secwatch.observer/filing/0001185185-23-000084.md","text":"https://secwatch.observer/filing/0001185185-23-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/0001185185-23-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/fusegroup20230202_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:06:55.275698+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d381d9e4c9c1cc4cb59ded9c2141e75915b44a40","claim":"FUSE GROUP HOLDING INC. incurred convertible notes of $50,000 with Liu Marketing (M) Sdn. Bhd. at 3% per annum maturing twenty-four months from the date that the purchase price of the Note is paid to the Company.","evidence_excerpt":"On January 30, 2023, Fuse Group Holding Inc. (the “Company”), entered into a Convertible Promissory Notes Purchase Agreement (the “Agreement”) with Liu Marketing (M) Sdn. Bhd., a company organized under the laws of Malaysia (the “Purchaser”). Pursuant to the Agreement, the Company sold a Convertible Promissory Note to the Purchaser with a principal amount of $50,000 (the “Note”). The Note bears interest at the rate of 3% per annum, which are payable on January 30 of 2024 and 2025. The Note will mature on the date that is twenty-four months from the date that the purchase price of the Note is paid to the Company.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/0001185185-23-000084-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$50,000"},{"label":"Counterparty","value":"Liu Marketing (M) Sdn. Bhd."},{"label":"Rate","value":"3% per annum"},{"label":"Maturity","value":"twenty-four months from the date that the purchase price of the Note is paid to the Company"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"19baebcc41f5e2a884ab01619f9611d5d76c33e1","claim":"FUSE GROUP HOLDING INC. entered into Convertible Promissory Notes Purchase Agreement with Liu Marketing (M) Sdn. Bhd. valued at $50,000 (effective 2023-01-30).","evidence_excerpt":"On January 30, 2023, Fuse Group Holding Inc. (the “Company”), entered into a Convertible Promissory Notes Purchase Agreement (the “Agreement”) with Liu Marketing (M) Sdn. Bhd., a company organized under the laws of Malaysia (the “Purchaser”). Pursuant to the Agreement, the Company sold a Convertible Promissory Note to the Purchaser with a principal amount of $50,000 (the “Note”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/0001185185-23-000084-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Liu Marketing (M) Sdn. Bhd."},{"label":"Value","value":"$50,000"},{"label":"Effective","value":"2023-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}