secwatch.observer — SEC 8-K summary
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Issuer:     FUSE GROUP HOLDING INC. (FUST)
CIK:        0001636051
Form:       8-K
Filed at:   2025-04-10T23:59:59+00:00
Accession:  0001185185-25-000279
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuse Group sells $40,000 convertible note at $0.33/share
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- Principal $40,000, 3% annual interest, matures 24 months after purchase price date.
- Conversion price fixed at $0.33 per share; holder may convert any time until paid in full.
- Purchaser is Chen Fei Li, a non-U.S. person; note issued under Regulation S exemption.
- Borrower may prepay all or portion; default grace period of 45 days after notice.
- If default uncured, holder may accelerate entire outstanding balance immediately due in cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636051/000118518525000279/0001185185-25-000279-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636051/000118518525000279/fust8k040925.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-000279

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