---
schema_version: "secwatch.filing_event.v1"
accession: "0001398344-26-009935"
form_type: "8-K"
ticker: null
cik: "0000922612"
company_name: "SCHMITT INDUSTRIES INC"
filed_at: "2026-05-28T20:42:50+00:00"
generated_at: "2026-05-28T20:46:14.770534+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Schmitt Industries gets default notice on $4.28M in notes from Sententia Capital

## Summary
- On May 11, 2026, Schmitt received Notice of Default from Sententia Capital Management LLC claiming total obligation of $4,280,626.78.
- Obligation includes $2,638,885.21 under Consolidated Promissory Note dated July 14, 2023.
- Also includes $402,131.51 under 12% Secured Convertible Promissory Note issued by subsidiary Schmitt Measurement Systems.
- Notes are secured by Stock Pledge Agreement and Security Agreement; default may accelerate repayment.

## SEC filing metadata
- accession: 0001398344-26-009935
- form_type: 8-K
- cik: 0000922612
- company_name: SCHMITT INDUSTRIES INC
- filed_at: 2026-05-28T20:42:50+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922612/000139834426009935/0001398344-26-009935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922612/000139834426009935/fp0099099-2_8kixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001398344-26-009935
- JSON: https://secwatch.observer/filing/0001398344-26-009935.json
- Plain text: https://secwatch.observer/filing/0001398344-26-009935.txt

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