{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-23-000585","form_type":"8-K","ticker":"FUST","cik":"0001636051","company_name":"FUSE GROUP HOLDING INC.","filed_at":"2023-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.764942+00:00","generated_at":"2026-06-14T11:44:20.636417+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Fuse Group secures $50K convertible note from Malaysian entity; conversion at $0.45/sh","bullets":["Sold $50,000 convertible promissory note to Liu Marketing (M) Sdn. Bhd. under Regulation S.","Note bears 3% annual interest; matures 24 months from purchase price payment.","Outstanding balance convertible at holder’s option at $0.45 per common share.","Interest payable on May 29, 2024 and 2025.","Company authorized sufficient shares for potential conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-23-000585","json":"https://secwatch.observer/filing/0001185185-23-000585.json","markdown":"https://secwatch.observer/filing/0001185185-23-000585.md","text":"https://secwatch.observer/filing/0001185185-23-000585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/0001185185-23-000585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/fusegroup20230530_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T11:44:20.636417+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":"318996c9d4c7eb7e4208d4aa7d7d9a5b91ecfad6","claim":"FUSE GROUP HOLDING INC. incurred convertible notes of $50,000 with Liu Marketing (M) Sdn. Bhd. at 3% per annum maturing the date that is twenty-four months from the date that the purchase price of the Note is paid to the Company.","evidence_excerpt":"On May 29, 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 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/0001185185-23-000585-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":"the date that is 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":"f81b194faaca6578ac4355703d194a80cc5729a2","claim":"FUSE GROUP HOLDING INC. entered into Convertible Promissory Notes Purchase Agreement with Liu Marketing (M) Sdn. Bhd. valued at $50,000 (effective 2023-05-29).","evidence_excerpt":"On May 29, 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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/0001185185-23-000585-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":"2023-05-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}