---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-005277"
form_type: "8-K"
ticker: "BRLL"
cik: "0001631463"
company_name: "Barrel Energy Inc."
filed_at: "2026-08-26T21:45:43+00:00"
generated_at: "2026-08-27T10:08:36.450308+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Barrel Energy issues $200K convertible note to CFI Capital at 60% conversion discount

## Summary
- Issued 6% Convertible Redeemable Note to CFI Capital LLC for $200,000 principal; purchase price $180,000 with $20,000 OID.
- Net proceeds to company $173,000 after $7,000 legal fees; note matures Aug 21, 2027.
- Conversion price set at 60% of lowest trading price over prior 20 days; drops to 50% on DTC chill, 45% on default.
- Company reserved 11,111,111 shares; prepayment premiums 105%-140% of principal in first 180 days.

## SEC filing metadata
- accession: 0001477932-26-005277
- form_type: 8-K
- ticker: BRLL
- cik: 0001631463
- company_name: Barrel Energy Inc.
- filed_at: 2026-08-26T21:45:43+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631463/000147793226005277/0001477932-26-005277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631463/000147793226005277/brll_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-005277
- JSON: https://secwatch.observer/filing/0001477932-26-005277.json
- Plain text: https://secwatch.observer/filing/0001477932-26-005277.txt

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