---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-009263"
form_type: "8-K"
ticker: null
cik: "0001892480"
company_name: "Hempacco Co., Inc."
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T10:07:19.249068+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hempacco draws additional $277,778 convertible note tranche from FirstFire; net $227,500 after fees

## Summary
- Sold convertible note ($277,777.78 principal) plus warrants for 120,370 shares and 27,777 commitment shares for $250,000 purchase price.
- Net proceeds to company: $227,500 after $2,500 legal fee and $20,000 broker commissions.
- Note bears 10% guaranteed interest, matures in 12 months, convertible at $1.50/share subject to adjustments.
- Proceeds must first fulfill purchase order No. 213420187, then for business development and operating capital.

## SEC filing metadata
- accession: 0001477932-23-009263
- form_type: 8-K
- cik: 0001892480
- company_name: Hempacco Co., Inc.
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892480/000147793223009263/0001477932-23-009263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892480/000147793223009263/hpco_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-009263
- JSON: https://secwatch.observer/filing/0001477932-23-009263.json
- Plain text: https://secwatch.observer/filing/0001477932-23-009263.txt

## Key facts
- Debt Financings
  Hempacco Co., Inc. incurred convertible notes of $277,777.78 with FirstFire Global Opportunities Fund, LLC at 10% per annum maturing 12 months following the issue date.
  - Instrument: convertible notes
  - Principal: $277,777.78
  - Counterparty: FirstFire Global Opportunities Fund, LLC
  - Rate: 10% per annum
  - Maturity: 12 months following the issue date
  - Event: incurrence
  source text: the Company sold to FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company (“ FirstFire ”), (i) a convertible promissory note in the principal amount of $277,777.78, (ii) warrants to purchase 120,370 shares of Common Stock, and (iii) 27,777 shares of Common Stock, for an aggregate purchase price of $250,000, and the Company granted FirstFire
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892480/000147793223009263/0001477932-23-009263-index.htm

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