secwatch.observer — SEC 8-K summary
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Issuer:     Cyber App Solutions Corp. (—)
CIK:        0001851048
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001213900-25-020725
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Cyber App Solutions secures $400K in convertible loans at 20% interest
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- Loans of $100K (Pandora), $125K (Black Hills), $100K (Sawtooth), $75K (Trust) bear 20% annual interest.
- Each loan convertible into common stock at $3.00 per share at lender's option.
- Lenders received 160,000 commitment shares total as consideration (40K, 50K, 40K, 30K).
- Repayment due within two weeks of Nasdaq/NYSE listing or by February 2026 (varying dates).
- Securities issued under Rule 506 of Regulation D; not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851048/000121390025020725/0001213900-25-020725-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851048/000121390025020725/ea0233214-8k_cyber.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-020725

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