---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-030861"
form_type: "8-K"
ticker: "WETH"
cik: "0001826660"
company_name: "Wetouch Technology Inc."
filed_at: "2021-12-08T23:59:59+00:00"
generated_at: "2026-06-28T02:53:49.522826+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wetouch Technology issues $500K in convertible notes with warrants to two lenders

## Summary
- Issued $250K convertible notes to FirstFire Global Opportunities (Nov 16) and LGH Investments (Nov 24).
- Net proceeds of $225K per note ($450K total) after original discount; 8% interest, one-year maturity.
- Issued warrants for 200K shares each at $1.25/share; exercise price adjusts if uplist offering ≤180 days.
- Conversion price set at $0.75/share or 70% of uplist offering price if ≥$15M within 180 days.
- Registration rights granted; 10% prepayment penalty; no variable-priced securities while notes outstanding.

## SEC filing metadata
- accession: 0001493152-21-030861
- form_type: 8-K
- ticker: WETH
- cik: 0001826660
- company_name: Wetouch Technology Inc.
- filed_at: 2021-12-08T23:59:59+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/1826660/000149315221030861/0001493152-21-030861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826660/000149315221030861/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-030861
- JSON: https://secwatch.observer/filing/0001493152-21-030861.json
- Plain text: https://secwatch.observer/filing/0001493152-21-030861.txt

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