secwatch.observer — SEC 8-K summary
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Issuer:     Classover Holdings, Inc. (KIDZ)
CIK:        0002022308
Form:       8-K
Filed at:   2026-09-17T20:30:28+00:00
Accession:  0001477932-26-005667
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

KIDZ AI issues $1.9M senior secured convertible note to Solana Growth Ventures
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- Additional closing under May 30 2025 SPA; $1,900,000 principal at 7% annual interest, matures 9/17/2028.
- Convertible into Class B common stock at $3.672/share, subject to adjustment; holder option.
- Note senior secured, first-priority perfected interest; interest payable quarterly (cash/PIK/stock).
- Proceeds $1.9M less placement agent fees and expenses; unregistered sale per Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2022308/000147793226005667/0001477932-26-005667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2022308/000147793226005667/kidz_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-005667

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