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

Issuer:     Charging Robotics Inc. (CHEV)
CIK:        0001459188
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0001213900-25-052348
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charging Robotics enters $3M credit facility at 12%, tied to uplist
-------------------------------------------------------------------

- Up to $3.0 million credit facility with 12% annual interest; principal due upon $3M equity raise.
- Drawdowns available only after uplist to a national exchange (e.g., Nasdaq) becomes effective.
- Warrants issued for 200,000 shares at $15 exercise price, exercisable from uplist date for 5 years.
- Accrued interest repaid upon closing of a $5.0 million equity financing.
- Facility is subordinate to other debt until $5M in equity raised post-uplist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459188/000121390025052348/0001213900-25-052348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459188/000121390025052348/ea0242672-8k_charging.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-052348

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