---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-044619"
form_type: "8-K"
ticker: "CREG"
cik: "0000721693"
company_name: "Smart Powerr Corp."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:57:50.365316+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Smart Powerr Corp. issues $1.05M A-1 secured note, potential additional $9.05M in debt financing

## Summary
- A-1 note principal $1,050,000; net proceeds $1,000,000 after $50,000 OID; $15,000 expenses added to principal.
- Interest 8% per annum; maturity 24 months; prepayment penalty at 115% of outstanding balance.
- Second closing may include A-2 note ($1.05M) and B note ($8M) secured by cash at Lakeside Bank, guaranteed by CREG Holdings.
- Lender can redeem up to $200,000/month after six months; trigger events may increase balance by up to 25%.

## SEC filing metadata
- accession: 0001213900-26-044619
- form_type: 8-K
- ticker: CREG
- cik: 0000721693
- company_name: Smart Powerr Corp.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721693/000121390026044619/0001213900-26-044619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721693/000121390026044619/ea0286627-8k_smart.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-044619
- JSON: https://secwatch.observer/filing/0001213900-26-044619.json
- Plain text: https://secwatch.observer/filing/0001213900-26-044619.txt

## Source-grounded claims
- claim_id: f6c8a37bab57211b06650d0dbb15370cefe03319
  claim: Smart Powerr Corp. entered into Purchase Agreement with Streeterville Capital, LLC valued at $1,050,000 (effective 2026-04-10).
  evidence_excerpt: On April 10, 2026, Smart Powerr Corp., a Nevada corporation (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC, a Utah limited liability company (“Lender”) pursuant to which the Company issued and sold to the Lender a secured promissory note in the original principal amount of $1,050,000 (the “A-1 Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/721693/000121390026044619/0001213900-26-044619-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.