secwatch.observer — SEC 8-K summary
======================================

Issuer:     GEX MANAGEMENT, INC. (GXXMD)
CIK:        0001681556
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0001493152-22-005951
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GEX Management discloses $333k convertible note from Aug 2021 to satisfy covenants
--------------------------------------------------------------------------------

- Board authorized additional disclosures for a 12% Convertible Note issued Aug 9, 2021 to Leonite Fund 1, LP.
- Principal amount is $333,333.33; note is due Aug 9, 2022 and carries 12% interest.
- Disclosure made to comply with covenant requirements; the note was part of prior ordinary-course financing.
- No new debt issuance, change in terms, or material financial impact from this filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681556/000149315222005951/0001493152-22-005951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681556/000149315222005951/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-005951

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer