---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-031591"
form_type: "8-K"
ticker: "WETH"
cik: "0001826660"
company_name: "Wetouch Technology Inc."
filed_at: "2021-12-15T23:59:59+00:00"
generated_at: "2026-06-28T00:59:46.738535+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wetouch Technology issues $750k convertible notes and warrants to three lenders

## Summary
- Each of three lenders receives a $250,000 convertible note; total principal $750,000; gross proceeds $675,000 after original discount.
- Notes bear 8% interest, mature in one year; default interest rate rises to 16%.
- Lenders get three-year warrants to purchase 200,000 shares each at $1.25 per share; conversion and exercise prices adjustable upon an Uplist Offering.
- Conversion price defaults to $0.75 per share if no Uplist Offering within 180 days; prepayment triggers 10% penalty.
- Craft Capital Management LLC received an $18,000 fee per note; securities issued under Section 4(a)(2) and Rule 506(b).

## SEC filing metadata
- accession: 0001493152-21-031591
- form_type: 8-K
- ticker: WETH
- cik: 0001826660
- company_name: Wetouch Technology Inc.
- filed_at: 2021-12-15T23:59:59+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/1826660/000149315221031591/0001493152-21-031591-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826660/000149315221031591/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-031591
- JSON: https://secwatch.observer/filing/0001493152-21-031591.json
- Plain text: https://secwatch.observer/filing/0001493152-21-031591.txt

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