LUDWIG ENTERPRISES, INC. (LUDG): debt financing — Ludwig Enterprises closes $200K convertible note and warrant placement with Alumni Capital LP

LUDWIG ENTERPRISES, INC.

Issued $250K convertible promissory note to Alumni Capital LP; maturity May 4, 2026; net proceeds $200K after original issue discount.
Note convertible at 70% of lowest 20-day VWAP before conversion; warrant for up to 4,166,667 shares at $0.06 per share.
Securities sold under Section 4(a)(2) and Regulation D; unregistered; no commissions paid.
Conversion price set at deep discount to market; terms imply significant dilution upon conversion or warrant exercise.
Proceeds likely used for general working capital; short maturity indicates urgent financing need.

item 1.01 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LUDWIG ENTERPRISES, INC. incurred convertible notes of $250,000 with Alumni Capital LP maturing May 4, 2026.

Instrument: convertible notes
Principal: $250,000
Counterparty: Alumni Capital LP
Maturity: May 4, 2026
Event: incurrence

Exact text from the filing

the Company issued the Note to the Investor, creating a direct financial obligation of the Company. The Note has an original principal amount of $250,000 and matures on May 4, 2026.

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

LUDWIG ENTERPRISES, INC. issued 4,166,667 shares of Common Stock of warrant to Alumni Capital LP for exercise price of $0.06 per share.

Security: warrant
Shares: 4,166,667 shares of Common Stock
Purchaser: Alumni Capital LP
Consideration: exercise price of $0.06 per share

Exact text from the filing

The Warrant is exercisable for up to 4,166,667 shares of Common Stock at an exercise price of $0.06 per share.

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

LUDWIG ENTERPRISES, INC. issued convertible note to Alumni Capital LP for $250,000 original principal amount.

Security: convertible note
Purchaser: Alumni Capital LP
Consideration: $250,000 original principal amount

Exact text from the filing

the Company issued to the Investor (i) a convertible promissory note in the original principal amount of $250,000 (the "Note") and (ii) a common stock purchase warrant

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LUDWIG ENTERPRISES, INC. entered into Securities Purchase Agreement with Alumni Capital LP valued at $250,000 (effective 2026-02-05).

Action: entry
Agreement: equity purchase
Counterparty: Alumni Capital LP
Value: $250,000
Effective: 2026-02-05

Exact text from the filing

On February 5, 2026 (the “Subscription Date”), Ludwig Enterprises, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Alumni Capital LP (the “Investor”) pursuant to which, among other things, the Company issued to the Investor (i) a convertible promissory note in the original principal amount of $250,000

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101 debt financings filed in the last 30 days. Browse all debt financings →

LUDWIG ENTERPRISES, INC. filing history →

Source: SEC EDGAR

accession 0001213900-26-014722

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