secwatch.observer — SEC 8-K summary
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Issuer:     Sadot Group Inc. (SDOT)
CIK:        0001701756
Form:       8-K
Filed at:   2023-09-26T23:59:59+00:00
Accession:  0001493152-23-033680
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/0001493152-23-033680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701756/000149315223033680/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-033680

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