{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-039807","form_type":"8-K","ticker":"DTGI","cik":"0001014052","company_name":"Digerati Technologies, Inc.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.602314+00:00","generated_at":"2026-06-15T00:26:57.249639+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Digerati Technologies issues $330K in convertible notes to MGR and Lucas Ventures","bullets":["Issued $275,000 convertible note to MGR Limited Partnership; net proceeds $250,000 after $25,000 OID.","Issued $55,000 convertible note to Lucas Ventures; net proceeds $50,000 after $5,000 OID.","Issued 358,000 commitment shares to MGR and 300,000 inducement shares to Lucas.","Conversion price for both notes is $0.10 per share, convertible upon Nasdaq up-list.","MGR note matures Oct 14, 2023; Lucas note matures Feb 9, 2024; both are unregistered."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-039807","json":"https://secwatch.observer/filing/0001213900-23-039807.json","markdown":"https://secwatch.observer/filing/0001213900-23-039807.md","text":"https://secwatch.observer/filing/0001213900-23-039807.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/0001213900-23-039807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/ea178596-8k_digerati.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:26:57.249639+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":"0969f4eb1397350df258bf599bd02d4e02cdb9a4","claim":"Digerati Technologies, Inc. incurred convertible notes of approximately $275,000 with MGR Limited Partnership maturing earlier of (i) October 14, 2023, or (ii) the thirtieth (30th) day following the Company’s up-list transaction on the Nasdaq Capital Market.","evidence_excerpt":"a promissory note and shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to MGR. The aggregate principal amount of the note was approximately $275,000 with an original issue discount of $25,000. The actual amount of the purchase price the Company received was $250,000. The maturity date of the MGR Note is the earlier of (i)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/0001213900-23-039807-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"approximately $275,000"},{"label":"Counterparty","value":"MGR Limited Partnership"},{"label":"Maturity","value":"earlier of (i) October 14, 2023, or (ii) the thirtieth (30th) day following the Company’s up-list transaction on the Nasdaq Capital Market"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"54d5c6272a3e0551f12a01684002d94dc03a0cea","claim":"Digerati Technologies, Inc. incurred convertible notes of $55,000 with Lucas Ventures, LLC maturing February 9, 2024.","evidence_excerpt":"a securities purchase agreement (the “LV SPA”) whereby the Company issued a convertible promissory note to LV (the “LV Note”). The aggregate principal amount of the LV Note was $55,000 with an original issue discount of $5,000. The gross proceeds the Company received prior to payment of transaction expenses was $50,000. The LV Note has a maturity date of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/0001213900-23-039807-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$55,000"},{"label":"Counterparty","value":"Lucas Ventures, LLC"},{"label":"Maturity","value":"February 9, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1a9ec82d172e8dac1ae3026c55a02ca757eb3b7f","claim":"Digerati Technologies, Inc. entered into LV SPA and LV Note with Lucas Ventures, LLC valued at $55,000 (effective 2023-05-09).","evidence_excerpt":"On May 9, 2023, the Company and Lucas Ventures, LLC (“LV”) entered into a securities purchase agreement (the “LV SPA”) whereby the Company issued a convertible promissory note to LV (the “LV Note”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/0001213900-23-039807-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Lucas Ventures, LLC"},{"label":"Value","value":"$55,000"},{"label":"Effective","value":"2023-05-09"}],"fact_type":"material_agreement"},{"claim_id":"d0715a1929b90d39ecff5ba26f3cc1853928fe8d","claim":"Digerati Technologies, Inc. entered into MGR Note with MGR Limited Partnership valued at approximately $275,000 (effective 2023-04-14).","evidence_excerpt":"On April 14, 2023, Digerati Technologies, Inc. (the “Company”) entered into a convertible promissory note (the “MGR Note”) with MGR Limited Partnership (“MGR”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014052/000121390023039807/0001213900-23-039807-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"MGR Limited Partnership"},{"label":"Value","value":"approximately $275,000"},{"label":"Effective","value":"2023-04-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}