---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038863"
form_type: "8-K"
ticker: "SDOT"
cik: "0001701756"
company_name: "Sadot Group Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:47:12.914296+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sadot Group completes $4M convertible note financing with Yorkville

## Summary
- Yorkville advanced $1M on Oct 30 (Second Note) completing $4M total Pre-Paid Advance under SEPA.
- Notes bear 6% interest (18% on default), mature Sept 22, 2024; conversion at lower of fixed price ($0.7315) or 95% of 7-day VWAP, floor $0.33.
- Monthly $500K payments triggered if VWAP < $0.33 for 7 of 9 trading days or if Exchange Cap exceeded, unless shareholder approval obtained.
- Purchase price is 94% of principal (6% OID); Yorkville may also require share issuance under SEPA at conversion price.
- Notes are unregistered, sold to accredited investor under Section 4(a)(2).

## SEC filing metadata
- accession: 0001493152-23-038863
- form_type: 8-K
- ticker: SDOT
- cik: 0001701756
- company_name: Sadot Group Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 3.02, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701756/000149315223038863/0001493152-23-038863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701756/000149315223038863/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038863
- JSON: https://secwatch.observer/filing/0001493152-23-038863.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038863.txt

## Key facts
- Debt Financings
  Sadot Group Inc. incurred convertible notes of $4.0 million with YA II PN, LTD at 6.0%, subject to an increase to 18% upon an event of default maturing September 22, 2024.
  - Instrument: convertible notes
  - Principal: $4.0 million
  - Counterparty: YA II PN, LTD
  - Rate: 6.0%, subject to an increase to 18% upon an event of default
  - Maturity: September 22, 2024
  - Event: incurrence
  source text: condition set forth therein, Yorkville 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”). The Pre-Paid Advance was disbursed on September 22, 2023 with respect to $3.0 million (the “Initial Note”) and the balance of $1.0 million was disbursed
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701756/000149315223038863/0001493152-23-038863-index.htm

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