---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-036608"
form_type: "8-K"
ticker: null
cik: "0001375793"
company_name: "Metalert, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:06:41.683775+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MetAlert enters Securities Purchase Agreement for up to $300,000 private placement of Series D Preferred Stock

## Summary
- Investor Carl La Rue to purchase up to 75,000 Series D Preferred shares in three tranches totaling $300,000.
- First tranche of 15,000 shares sold for $100,000 on Sept 28, 2023; second tranche of 25,000 shares due by Jan 15, 2024; third tranche of 35,000 shares due by Mar 15, 2024.
- Series D Preferred Stock is convertible into common stock at 100:1 after one year, with 4.99% beneficial ownership cap (waivable to 9.99%).
- Series D Preferred has no voting rights, no dividends, and ranks pari passu with common on liquidation.

## SEC filing metadata
- accession: 0001493152-23-036608
- form_type: 8-K
- cik: 0001375793
- company_name: Metalert, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375793/000149315223036608/0001493152-23-036608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375793/000149315223036608/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-036608
- JSON: https://secwatch.observer/filing/0001493152-23-036608.json
- Plain text: https://secwatch.observer/filing/0001493152-23-036608.txt

## Key facts
- Governance Changes
  Metalert, Inc.: Established Series D Preferred Stock via Certificate of Designation (effective 2023-09-28).
  - Change: charter amendment
  - Effective: 2023-09-28
  source text: On September 28, 2023, the Board of Directors of the Company established a new series of preferred stock that was designated "Series D Preferred Stock." The will file with the State of Nevada a Certificate of Designation with respect to the Series D Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375793/000149315223036608/0001493152-23-036608-index.htm
- Material Agreements
  Metalert, Inc. entered into Purchase Agreement with Carl La Rue valued at up to 75,000 shares of the Company's Series D Preferred Stock (effective 2023-09-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Carl La Rue
  - Value: up to 75,000 shares of the Company's Series D Preferred Stock
  - Effective: 2023-09-26
  source text: On September 26, 2023, MetAlert, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Carl La Rue (the “Investor”), pursuant to which the Investor agreed to purchase up to 75,000 shares of the Company’s Series D Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375793/000149315223036608/0001493152-23-036608-index.htm

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