{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-077314","form_type":"8-K","ticker":"DTGI","cik":"0001014052","company_name":"Digerati Technologies, Inc.","filed_at":"2022-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.232943+00:00","generated_at":"2026-06-21T10:02:26.817244+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Digerati Technologies issues $1.67M promissory note to Mast Hill Fund, with conversion and warrant shares","bullets":["Issued unsecured promissory note for ~$1.67M principal (with $250.5K OID) to Mast Hill Fund; net proceeds ~$1.42M.","Note convertible into common stock at $0.0956/share; also issued warrant to purchase up to 10.5M shares at $0.1195.","Issued 2.1M commitment shares to investor; conversion restricted to <4.99% beneficial ownership.","Net proceeds used partly for deposit into MEOA trust to extend SPAC merger deadline, plus working capital.","Note matures Nov 22, 2023; amortization payments of $200K-$400K quarterly starting Feb 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-077314","json":"https://secwatch.observer/filing/0001213900-22-077314.json","markdown":"https://secwatch.observer/filing/0001213900-22-077314.md","text":"https://secwatch.observer/filing/0001213900-22-077314.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1014052/000121390022077314/0001213900-22-077314-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1014052/000121390022077314/ea169572-8k_digeratitech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T10:02:26.817244+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":"b22933a1f650d9b86a53603878b0cf441bb6908b","claim":"Digerati Technologies, Inc. incurred convertible notes of approximately $1,670,000 with Mast Hill Fund, L.P. maturing November 22, 2023.","evidence_excerpt":"Pursuant to the SPA, the Investor purchased, and the Company issued, an unsecured promissory note (the “Note”) in the aggregate principal amount totaling approximately $1,670,000 (the “Principal Amount”) with an original issue discount of $250,500.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390022077314/0001213900-22-077314-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"approximately $1,670,000"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Maturity","value":"November 22, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3935163f7b287fc55b0237bf246fb08887bcde02","claim":"Digerati Technologies, Inc. entered into Securities Purchase Agreement with Mast Hill Fund, L.P. valued at approximately $1,670,000 (effective 2022-11-28).","evidence_excerpt":"On November 28, 2022, Digerati Technologies, Inc. (the “Company”), entered into a securities purchase agreement (the “SPA”) with Mast Hill Fund, L.P. (the “Investor”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390022077314/0001213900-22-077314-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Value","value":"approximately $1,670,000"},{"label":"Effective","value":"2022-11-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}