---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-032035"
form_type: "8-K"
ticker: null
cik: "0001375793"
company_name: "Metalert, Inc."
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:03:43.399662+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MetAlert closes acquisition of Level 2 Security for 7.1M shares and $200K convertible notes

## Summary
- Merger consideration: 7,100,000 MetAlert common shares and $200,000 principal of 10% convertible notes due 2026, convertible at $0.01/share.
- Level 2 Security provides firearm security products detecting unauthorized movement/use; assets include IP, inventory, and ongoing R&D.
- Closing on September 5, 2023; Level 2 merged into MetAlert subsidiary renamed Level 2 Security, Inc.
- Issuance of shares and notes exempt under Section 4(a)(2) and Rule 506(b) to four accredited owners.

## SEC filing metadata
- accession: 0001493152-23-032035
- form_type: 8-K
- cik: 0001375793
- company_name: Metalert, Inc.
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375793/000149315223032035/0001493152-23-032035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375793/000149315223032035/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-032035
- JSON: https://secwatch.observer/filing/0001493152-23-032035.json
- Plain text: https://secwatch.observer/filing/0001493152-23-032035.txt

## Key facts
- M&A Transactions
  Metalert, Inc. completed an acquisition involving Level 2 Security, LLC for an aggregate of 7,100,000 shares of Company common stock and an aggregate of $200,000 principal amount convertible promissory notes (closed 2023-09-05).
  - Action: acquisition
  - Counterparty: Level 2 Security, LLC
  - Consideration: an aggregate of 7,100,000 shares of Company common stock and an aggregate of $200,000 principal amount convertible promissory notes
  - Closing: 2023-09-05
  source text: On September 5, 2023, the parties closed the Merger Agreement and (a) filed Articles of Merger merging Level 2 with and into Merger Sub; (b) the ownership interests of Level 2 were converted into the Merger Shares (7,100,000 shares of Company common stock); (c) the Company delivered the Merger Notes; and (d) Merger Sub changed its name to "Level 2 Security, Inc."
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375793/000149315223032035/0001493152-23-032035-index.htm
- Material Agreements
  Metalert, Inc. entered into Merger Agreement with Level 2 Security, LLC valued at an aggregate of 7,100,000 shares of Company common stock and an aggregate of $200,000 principal amou (effective 2023-09-05).
  - Action: entry
  - Agreement: merger
  - Counterparty: Level 2 Security, LLC
  - Value: an aggregate of 7,100,000 shares of Company common stock and an aggregate of $200,000 principal amou
  - Effective: 2023-09-05
  source text: MetAlert, Inc. (the "Company") entered into a Plan and Agreement of Merger (the "Merger Agreement") with Level 2 Security, LLC, a Delaware corporation ("Level 2"), pursuant to which Level 2 will merge with and into a Nevada corporation wholly-owned by the Company ("Merger Sub") (the "Merger").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375793/000149315223032035/0001493152-23-032035-index.htm

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