secwatch.observer — SEC 8-K summary
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Issuer:     FUSE GROUP HOLDING INC. (FUST)
CIK:        0001636051
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001185185-25-000393
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuse Group Holding issues $30K convertible note to Chen Fei Li at $0.33 conversion
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- Principal $30,000, 3% annual interest, payable May 1, 2026 and 2027.
- Maturity 24 months from purchase price date; convertible at $0.33/share at holder's option.
- Note sold under Regulation S exemption to non-U.S. person; funds for general corporate purposes.
- Company reserves sufficient common shares for conversion; event of default has 90-day cure period for payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636051/000118518525000393/0001185185-25-000393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636051/000118518525000393/fust8k050125.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-000393

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