---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-033680"
form_type: "8-K"
ticker: "SDOT"
cik: "0001701756"
company_name: "Sadot Group Inc."
filed_at: "2023-09-26T23:59:59+00:00"
generated_at: "2026-06-10T08:43:39.468254+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sadot Group enters $25M SEPA with Yorkville plus $4M convertible note facility

## Summary
- Up to $25M equity line; Company sells shares at 97% of lowest daily VWAP over 3 consecutive trading days.
- $4M convertible note: $3M initial disbursed Sep 22, 2023; $1M upon registration effective; 6% interest, 12-month maturity.
- Conversion price: lower of $1.11495 or 95% of 7-day VWAP; floor price $0.33 per share.
- Yorkville limited to 4.99% beneficial ownership; $25k due diligence fee and 227,273 commitment shares paid.
- After triggers (VWAP below floor or 99% exchange cap used), monthly payments of $500k plus 8% premium begin.

## SEC filing metadata
- accession: 0001493152-23-033680
- form_type: 8-K
- ticker: SDOT
- cik: 0001701756
- company_name: Sadot Group Inc.
- filed_at: 2023-09-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/0001493152-23-033680-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-033680
- JSON: https://secwatch.observer/filing/0001493152-23-033680.json
- Plain text: https://secwatch.observer/filing/0001493152-23-033680.txt

## Key facts
- Debt Financings
  Sadot Group Inc. incurred convertible notes of $4.0 million with YA II PN, LTD at 6.0% maturing 12-months after the initial closing.
  - Instrument: convertible notes
  - Principal: $4.0 million
  - Counterparty: YA II PN, LTD
  - Rate: 6.0%
  - Maturity: 12-months after the initial closing
  - Event: incurrence
  source text: In connection with the SEPA, and subject to the condition set forth therein, Yorkville has agreed to advance to the Company in the form of convertible promissory notes (the “Convertible Notes”) an aggregate principal amount of $4.0 million (the “Pre-Paid Advance”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/0001493152-23-033680-index.htm
- Material Agreements
  Sadot Group Inc. entered into Standby Equity Purchase Agreement with YA II PN, LTD valued at up to $25 million (effective 2023-09-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, LTD
  - Value: up to $25 million
  - Effective: 2023-09-22
  source text: On September 22, 2023, Sadot Group Inc. (the “Company”) entered into the Standby Equity Purchase Agreement (“SEPA”) with YA II PN, LTD, a Cayman Islands exempt limited partnership (“Yorkville”) pursuant to which the Company has the right to sell to Yorkville up to $25 million of its shares of common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/0001493152-23-033680-index.htm

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