---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-023898"
form_type: "8-K"
ticker: "DSGT"
cik: "0001413909"
company_name: "DSG Global Inc."
filed_at: "2021-09-27T23:59:59+00:00"
generated_at: "2026-06-29T01:15:06.368978+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DSG Global issues $2.4M promissory note to Tiger Trout with 40% discount conversion feature

## Summary
- Received $2,000,000 cash from Tiger Trout Capital for a $2,400,000 unsecured 90-day note (inclusive of $400,000 OID).
- Note bears 9% interest; additional $100,000 guaranteed interest added each month unpaid after Dec 20, 2021.
- Upon default, holder may convert outstanding principal or interest at 40% discount to lowest trading price over prior 30 days.
- Note matures by June 20, 2022 or upon receipt of $2.5M from Maxim Group offering (Form S-1 No. 333-255409).
- OID of $400,000 represents 20% financing cost for 90-day term; default interest rate of 24% per annum.

## SEC filing metadata
- accession: 0001493152-21-023898
- form_type: 8-K
- ticker: DSGT
- cik: 0001413909
- company_name: DSG Global Inc.
- filed_at: 2021-09-27T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413909/000149315221023898/0001493152-21-023898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413909/000149315221023898/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-023898
- JSON: https://secwatch.observer/filing/0001493152-21-023898.json
- Plain text: https://secwatch.observer/filing/0001493152-21-023898.txt

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