secwatch.observer — SEC 8-K summary
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Issuer:     HNO International, Inc. (HNOI)
CIK:        0001342916
Form:       8-K
Filed at:   2026-09-11T17:14:23+00:00
Accession:  0001342916-26-000054
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 issues $210K convertible note at 60% discount conversion
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- Issued $210,000 convertible note to CFI Capital; $21,000 OID, net proceeds $189,000.
- Note matures Sept 4, 2027, bears 6% interest, convertible starting six months out.
- Conversion at 60% of lowest trading price over 20 days; 50% if DTC Chill, 45% on default.
- Reserved 49,295,775 shares (five times conversion); beneficial ownership capped at 4.99%.
- Includes most-favored-nation clause allowing holder to match better terms from future financings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342916/000134291626000054/0001342916-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342916/000134291626000054/hnoi8k92026.htm
  HTML page:      https://secwatch.observer/filing/0001342916-26-000054

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