secwatch.observer — SEC 8-K summary
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Issuer:     HNO International, Inc. (HNOI)
CIK:        0001342916
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001342916-26-000021
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNO International raises $175k via two convertible notes with 60% discount conversion and warrants
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- Each note has $96,250 principal (incl. $8,750 OID); net proceeds ~$82,250 per note after fees.
- Conversion price set at 60% of the lowest trading price over the prior 20 days.
- Warrants issued to buy 385,000 shares at $0.25 per share, exercisable for 5 years.
- Company reserved 13 million shares for conversion/exercise of each note and warrant.
- Notes mature in 12 months; default triggers 150% acceleration (Jefferson St) or immediate payment (Lambda).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342916/000134291626000021/0001342916-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342916/000134291626000021/hnoi8k426.htm
  HTML page:      https://secwatch.observer/filing/0001342916-26-000021

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