secwatch.observer — SEC 8-K summary
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Issuer:     HIGH WIRE NETWORKS, INC. (HWNI)
CIK:        0001413891
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001213900-25-048947
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

High Wire Networks exchanges $1.6M debt for Series H Convertible Preferred Stock
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- Exchanged $650,000 of 2023 Note and $950,000 of 2025 Debenture for 160 shares of Series H Convertible Preferred Stock.
- Series H has stated value $10,000/share, cumulative quarterly dividends of $1,000/share, convertible after 1 year at $1.00/common share.
- Remaining balances of Note and Debenture stay outstanding under original terms.
- Series H has liquidation preference over common and can be redeemed by company at 100% stated value plus accrued dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1413891/000121390025048947/0001213900-25-048947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1413891/000121390025048947/ea0243737-8k_highwire.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-048947

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