secwatch.observer — SEC 8-K summary
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Issuer:     FUSE GROUP HOLDING INC. (FUST)
CIK:        0001636051
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001185185-23-000084
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuse Group issues $50K convertible note to Liu Marketing; conversion at $0.45/share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/0001185185-23-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636051/000118518523000084/fusegroup20230202_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-23-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer