secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lakeside Holding Ltd (LSH)
CIK:        0001996192
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001213900-25-034344
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeside Holding closes $500K second tranche of convertible note financing; issues warrants
--------------------------------------------------------------------------------

- Second tranche of $500K principal 7% OID secured convertible note closed on April 22, 2025.
- Initial conversion price $1.1929; floor price $0.20; note matures July 22, 2026.
- Investor received warrants to purchase 202,082 shares at $1.1929 per share.
- First tranche ($1M) closed March 5, 2025; combined notes total $1.5M principal.
- Securities sold in private placement exempt under Section 4(a)(2) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996192/000121390025034344/0001213900-25-034344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996192/000121390025034344/ea0239121-8k_lakeside.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-034344

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer