secwatch.observer — SEC 8-K summary
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Issuer:     Hempacco Co., Inc. (—)
CIK:        0001892480
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001477932-23-009263
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892480/000147793223009263/0001477932-23-009263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892480/000147793223009263/hpco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-009263

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