---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-031349"
form_type: "8-K"
ticker: "EVTV"
cik: "0001563568"
company_name: "Envirotech Vehicles, Inc."
filed_at: "2026-09-28T20:17:57+00:00"
generated_at: "2026-10-12T13:36:01.194224+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Azio AI signs $50M standby equity deal with Yorkville; $3.5M advance, 1.74M warrants at $0.01

## Summary
- Standby Equity Purchase Agreement dated Sept 25, 2026 lets Azio sell up to $50M of common stock to YA II PN, Ltd. (Yorkville) at 96-97% of market price until Sept 25, 2029.
- $3.5M pre-paid advance in two tranches: $3.0M funded Sept 25, 2026, $0.5M after the resale registration statement goes effective; 6% interest, 18% on default, matures Sept 25, 2027.
- Notes convert at 92% of the lowest 5-day VWAP, subject to a $0.26 floor; resale registration covers up to 28,000,000 shares.
- Yorkville received warrants for 1,735,758 shares at $0.01 and a $50,000 structuring fee paid from initial advance proceeds.
- Exchange Cap limits issuance to 3,473,960 shares (19.99% of outstanding) unless stockholders approve or average sale price is at least $1.30.

## SEC filing metadata
- accession: 0001437749-26-031349
- form_type: 8-K
- ticker: EVTV
- cik: 0001563568
- company_name: Envirotech Vehicles, Inc.
- filed_at: 2026-09-28T20:17:57+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563568/000143774926031349/0001437749-26-031349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563568/000143774926031349/adom20260928_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-031349
- JSON: https://secwatch.observer/filing/0001437749-26-031349.json
- Plain text: https://secwatch.observer/filing/0001437749-26-031349.txt

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