secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001213900-22-029126
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPR Brands issues $250K promissory note at 18% interest to Daiagi
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- Principal amount $250,000, interest rate 18% per annum, payable monthly.
- Maturity on third anniversary (May 18, 2025); prepayment allowed without penalty.
- Note is unsecured and subordinated to senior secured indebtedness.
- Holder may redeem all or part after first anniversary with 30 business days' notice.
- Proceeds not disclosed; note issued for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000121390022029126/0001213900-22-029126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000121390022029126/ea160357-8k_vprbrandslp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-029126

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