---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-004346"
form_type: "8-K"
ticker: "HWNI"
cik: "0001413891"
company_name: "HIGH WIRE NETWORKS, INC."
filed_at: "2025-01-17T23:59:59+00:00"
generated_at: "2026-05-27T23:05:28.577704+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# High Wire Networks raises $1.0M via convertible debenture with 20% OID and secures up to $10M ELOC

## Summary
- Sold $1.2M face value 20% OID Senior Secured Convertible Debenture for $1.0M; convertible at 75% of VWAP with $0.01 floor.
- Issued Series F Preferred shares with stated value equal to 90% of debenture principal, convertible into common stock.
- Secured $10M equity line of credit (ELOC) to sell common shares at 97% of lowest intraday price; issued 8,571,429 commitment shares.
- Proceeds to be used for general working capital and listing expenses on a national securities exchange.
- Placement agent Joseph Gunnar receives 8% commission and five-year warrants exercisable at $0.0299 per share.

## SEC filing metadata
- accession: 0001213900-25-004346
- form_type: 8-K
- ticker: HWNI
- cik: 0001413891
- company_name: HIGH WIRE NETWORKS, INC.
- filed_at: 2025-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 2.03, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413891/000121390025004346/0001213900-25-004346-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413891/000121390025004346/ea0227727-8k_high.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-004346
- JSON: https://secwatch.observer/filing/0001213900-25-004346.json
- Plain text: https://secwatch.observer/filing/0001213900-25-004346.txt

## Key facts
- Governance Changes
  HIGH WIRE NETWORKS, INC.: Designated Series F Preferred Stock with conversion rights, voting rights, and dividend restrictions (effective 2025-01-13).
  - Change: charter amendment
  - Effective: 2025-01-13
  source text: The Company filed a Certificate of Designation of Preferences, Rights and Limitations of Series F Preferred Stock of High Wire Networks, Inc. (the “COD”) with the Secretary of State of the State of Nevada on January 13, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413891/000121390025004346/0001213900-25-004346-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.