---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-027404"
form_type: "8-K"
ticker: "WETH"
cik: "0001826660"
company_name: "Wetouch Technology Inc."
filed_at: "2021-11-05T23:59:59+00:00"
generated_at: "2026-06-28T12:20:12.462344+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Wetouch Technology issues $250K convertible note with warrant to Talos Victory Fund

## Summary
- Issued $250K convertible promissory note at 8% interest, due in one year; received $225K gross proceeds after original discount.
- Lender received 200,000-share warrant exercisable at $1.25/share, adjustable based on future uplist offering price.
- Conversion price initially $0.75/share, but may be 70% of uplist offering price if uplist occurs within 180 days.
- Registration rights granted to file resale registration by Dec 26, 2021 for shares underlying note and warrant.
- Craft Capital Management received $18,000 fee in connection with the placement.

## SEC filing metadata
- accession: 0001493152-21-027404
- form_type: 8-K
- ticker: WETH
- cik: 0001826660
- company_name: Wetouch Technology Inc.
- filed_at: 2021-11-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826660/000149315221027404/0001493152-21-027404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826660/000149315221027404/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-027404
- JSON: https://secwatch.observer/filing/0001493152-21-027404.json
- Plain text: https://secwatch.observer/filing/0001493152-21-027404.txt

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