---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-001223"
form_type: "8-K"
ticker: "YCBD"
cik: "0001644903"
company_name: "cbdMD, Inc."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:09:53.118833+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# cbdMD fully converts remaining $56K senior secured notes to equity, now debt-free

## Summary
- Remaining $56,000 Senior Secured Convertible Notes converted to common stock on Jan 14, 2025.
- Company now debt-free excluding accounts payable; strengthened cash reserves and balance sheet.
- Shares outstanding post-conversion: 6,262,833 common stock as of Jan 14, 2025.
- CEO Ronan Kennedy cites enhanced flexibility to allocate capital for profitable revenue growth.
- Notes converted ahead of maturity, eliminating debt and improving financial position.

## SEC filing metadata
- accession: 0001437749-25-001223
- form_type: 8-K
- ticker: YCBD
- cik: 0001644903
- company_name: cbdMD, Inc.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1644903/000143774925001223/0001437749-25-001223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1644903/000143774925001223/ycbd20250115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-001223
- JSON: https://secwatch.observer/filing/0001437749-25-001223.json
- Plain text: https://secwatch.observer/filing/0001437749-25-001223.txt

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