---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-21-006859"
form_type: "8-K"
ticker: "RDCT"
cik: "0001376804"
company_name: "VNUE, Inc."
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:39:32.951972+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VNUE restructures $857K convertible debt into non-convertible note, eliminates share overhang

## Summary
- Converted $492,528 principal + $364,629 interest into $857,157 8% note due Sept 30, 2022.
- Potential 857M share overhang from conversion eliminated; YLimit agreed to non-convertible terms.
- Convertible debt reduced from $1,956,922 to $635,714; derivative liability goes to $0.
- Principal increased by $107,000 as part of the restructuring with largest creditor YLimit.
- Transaction positions company for OTCQB uplisting, per CEO Zach Bair.

## SEC filing metadata
- accession: 0001477932-21-006859
- form_type: 8-K
- ticker: RDCT
- cik: 0001376804
- company_name: VNUE, Inc.
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376804/000147793221006859/0001477932-21-006859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376804/000147793221006859/vnue_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-21-006859
- JSON: https://secwatch.observer/filing/0001477932-21-006859.json
- Plain text: https://secwatch.observer/filing/0001477932-21-006859.txt

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