{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-032581","form_type":"8-K","ticker":null,"cik":"0001421636","company_name":"C-Bond Systems, Inc","filed_at":"2024-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.345983+00:00","generated_at":"2026-06-03T23:19:39.246248+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"C-Bond Systems enters $127,963 promissory note with 12% interest; convertible upon default","bullets":["Note principal $127,963 (net $100,000 after $10,543 OID) from 1800 Diagonal Lending LLC.","Interest rate 12% p.a.; default rate 22%; monthly payments begin Aug 15, 2024.","Upon default, obligation increases to 220% of outstanding plus accrued interest.","Note convertible only after default at greater of $0.0025 or 65% of 10-day low bid price.","Proceeds used for general working capital; company has ~538.6M shares outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-032581","json":"https://secwatch.observer/filing/0001213900-24-032581.json","markdown":"https://secwatch.observer/filing/0001213900-24-032581.md","text":"https://secwatch.observer/filing/0001213900-24-032581.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421636/000121390024032581/0001213900-24-032581-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421636/000121390024032581/ea0203707-8k_cbond.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:19:39.246248+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":"2a0e865d6366f2a83ab48fa8ff54511ecc30d213","claim":"C-Bond Systems, Inc incurred loan of $127,963.00 with 1800 Diagonal Lending LLC at 12%.","evidence_excerpt":"On April 8, 2024, C-Bond Systems, Inc. (the “Company”) executed a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Investor”) in the aggregate principal amount of $127,963.00","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421636/000121390024032581/0001213900-24-032581-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$127,963.00"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"12%"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"95ea31a415dc29703bfa7706b4810605db51bb70","claim":"C-Bond Systems, Inc entered into Promissory Note with 1800 Diagonal Lending LLC valued at $127,963.00 (effective 2024-04-08).","evidence_excerpt":"On April 8, 2024, C-Bond Systems, Inc. (the “Company”) executed a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Investor”) in the aggregate principal amount of $127,963.00 (the “Principal”), and an accompanying Securities Purchase Agreement (“SPA”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421636/000121390024032581/0001213900-24-032581-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Value","value":"$127,963.00"},{"label":"Effective","value":"2024-04-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}