secwatch.observer — SEC 8-K summary
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Issuer:     Zeo Energy Corp. (ZEO)
CIK:        0001865506
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001213900-24-112659
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zeo Energy enters $4M promissory note with LHX; repayable in shares at $1.35 or 4x cash
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- Up to $4M available in three tranches: $2.5M initial, $750K upon 340 solar permits (60 days), $750K upon 296 installations (60 days after).
- Repayment due one year from issuance; may elect share issuance at $1.35/share or cash at 4x principal.
- No interest except 10% per annum on amounts unpaid after 30 days.
- Voting agreement requires certain stockholders to back LHX board designee and share issuance.
- Loan proceeds for working capital; LHX can waive milestones and advance funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865506/000121390024112659/0001213900-24-112659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865506/000121390024112659/ea0226081-8k_zeoenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-112659

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