---
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"
generated_at: "2026-06-14T11:44:20.636417+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Fuse Group secures $50K convertible note from Malaysian entity; conversion at $0.45/sh

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000585
- JSON: https://secwatch.observer/filing/0001185185-23-000585.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000585.txt

## Key facts
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $50,000
  - Counterparty: Liu Marketing (M) Sdn. Bhd.
  - Rate: 3% per annum
  - Maturity: the date that is twenty-four months from the date that the purchase price of the Note is paid to the Company
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/0001185185-23-000585-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Liu Marketing (M) Sdn. Bhd.
  - Value: $50,000
  - Effective: 2023-05-29
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1636051/000118518523000585/0001185185-23-000585-index.htm

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