---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-004975"
form_type: "8-K"
ticker: "BRQL"
cik: "0001854526"
company_name: "DYNAMIC AEROSPACE SYSTEMS Corp"
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:47:19.001031+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BrooQLy raises $450K via convertible note with Platinum Point Capital

## Summary
- Issued $495,000 convertible note at 10% OID (purchase price $450,000) to Platinum Point Capital; 10% interest, matures July 3, 2026.
- Conversion price is lower of $1.00 or 90% of lowest 10-day VWAP before conversion; capped at 4.99% of outstanding shares.
- Issued warrant to purchase 330,000 shares at $1.50 per share, 4-year term; exercise price adjusts on default.
- Granted Platinum a security interest in substantially all assets to secure the note.
- Company agreed to file resale registration statement within 90 days for shares underlying note and warrant.

## SEC filing metadata
- accession: 0001477932-25-004975
- form_type: 8-K
- ticker: BRQL
- cik: 0001854526
- company_name: DYNAMIC AEROSPACE SYSTEMS Corp
- filed_at: 2025-07-10T23:59:59+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/1854526/000147793225004975/0001477932-25-004975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854526/000147793225004975/brql_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-004975
- JSON: https://secwatch.observer/filing/0001477932-25-004975.json
- Plain text: https://secwatch.observer/filing/0001477932-25-004975.txt

## Key facts
- Debt Financings
  DYNAMIC AEROSPACE SYSTEMS Corp incurred convertible notes of $495,000 with Platinum Point Capital LLC at 10% per annum maturing July 3, 2026.
  - Instrument: convertible notes
  - Principal: $495,000
  - Counterparty: Platinum Point Capital LLC
  - Rate: 10% per annum
  - Maturity: July 3, 2026
  - Event: incurrence
  source text: The Company issued to Platinum a convertible promissory note (the “Note”) in the principal amount of $495,000, for a purchase price of $450,000, reflecting an original issue discount of 10%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854526/000147793225004975/0001477932-25-004975-index.htm

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