secwatch.observer — SEC 8-K summary
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Issuer:     Big Digital Energy, Inc. (BGDE)
CIK:        0001218683
Form:       8-K
Filed at:   2026-09-24T13:12:26+00:00
Accession:  0001213900-26-102866
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Big Digital Energy exchanges $2.57M debt for 442,899 shares to related party
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- Exchanged $2,500,000 principal plus $68,815.71 interest on Revolving Line of Credit Note dated May 28, 2026, for 442,899 shares at $5.80/share.
- Endeavor Blockchain, LLC, the counterparty, is wholly owned by Executive Chair Joshua A. Kilgore; exchange closed Sept 21, 2026.
- Shares issued unregistered under Section 3(a)(9); registration rights agreement requires filing resale registration by Oct 9, 2026 and effectiveness by Nov 17, 2026.
- Debt and interest fully cancelled upon issuance; transaction treated as recapitalization under Section 368(a)(1)(E).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1218683/000121390026102866/0001213900-26-102866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1218683/000121390026102866/ea0306466-8k_bigdigital.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-102866

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