secwatch.observer — SEC 8-K summary
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Issuer:     C-Bond Systems, Inc (—)
CIK:        0001421636
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001213900-23-028297
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C-Bond Systems enters $175K secured promissory note with 8% interest, due 2025
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- Net proceeds of $175,000 received April 6, 2023 from private investor.
- Note accrues 8% annual interest, compounded; principal and interest due April 4, 2025.
- Company may prepay any portion without penalty.
- Note is secured under prior Loan and Security Agreement dated May 10, 2021.
- Customary default provisions include payment defaults, breaches, and bankruptcy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421636/000121390023028297/0001213900-23-028297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421636/000121390023028297/ea176694-8k_cbond.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-028297

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