secwatch.observer — SEC 8-K summary
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Issuer:     Vocodia Holdings Corp (VHAI)
CIK:        0001880431
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001213900-25-044978
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vocodia closes $3M convertible note with Eleven 11; note convertible at $0.001 floor
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- Principal amount $3,333,333 with $333,333 OID; net proceeds $3,000,000.
- Note bears 10% annual interest; maturity 12 months from May 13, 2025.
- Conversion price is lower of $0.001 or lowest VWAP prior to each tranche advance.
- For each $1 of principal, investor receives warrant to buy 1,000 shares at $0.001 for 5 years.
- 80% of proceeds must be used to purchase crypto assets; remainder for working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880431/000121390025044978/0001213900-25-044978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880431/000121390025044978/ea0242500-8k_vocodia.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-044978

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