---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-030893"
form_type: "8-K"
ticker: "DYAI"
cik: "0001213809"
company_name: "DYADIC INTERNATIONAL INC"
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T17:43:51.088602+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Dyadic International amends convertible note terms; conversion price set at $1.40

## Summary
- Conversion price reduced to $1.40 per share under amendment to Senior Secured Convertible Promissory Note due March 8, 2027.
- Redemption date now any of the 26th, 29th, or 32-month anniversaries of the original note issue date.
- Amendment executed October 4, 2024; disclosed via Form 8-K on October 8, 2024.

## SEC filing metadata
- accession: 0001437749-24-030893
- form_type: 8-K
- ticker: DYAI
- cik: 0001213809
- company_name: DYADIC INTERNATIONAL INC
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1213809/000143774924030893/0001437749-24-030893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1213809/000143774924030893/dyai20241006_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-030893
- JSON: https://secwatch.observer/filing/0001437749-24-030893.json
- Plain text: https://secwatch.observer/filing/0001437749-24-030893.txt

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