---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039944"
form_type: "8-K"
ticker: "ILAL"
cik: "0001657214"
company_name: "International Land Alliance Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:42:15.035066+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# International Land Alliance issues Series D convertible preferred to exchange $1.7M+ debt

## Summary
- Enters securities purchase agreement with Six-Twenty Capital to exchange over $1,700,000 in outstanding loans for Series D Convertible Preferred Stock.
- Series D has stated value of $100, cumulative cash dividends at 12% per annum plus additional 8% in common stock dividends.
- Conversion allowed 18 months after issuance; price is lower of qualified offering price or 80% of 10-day VWAP.
- Up to 20,000 Series D shares authorized; mandatory partial redemption at 110% of stated value.
- Series D ranks senior to all stock except Series C preferred; exempt from registration under Rule 506.

## SEC filing metadata
- accession: 0001493152-23-039944
- form_type: 8-K
- ticker: ILAL
- cik: 0001657214
- company_name: International Land Alliance Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039944
- JSON: https://secwatch.observer/filing/0001493152-23-039944.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039944.txt

## Key facts
- Governance Changes
  International Land Alliance Inc.: Filed Certificate of Designations for Series D Convertible Preferred Stock, authorizing up to 20,000 shares (effective 2023-11-02).
  - Change: charter amendment
  - Effective: 2023-11-02
  source text: On November 2, 2023, the Company received notice of the effectiveness of its filing of a Certificate of Designations, Preferences and Rights of the Series D Shares with the Wyoming Secretary of State (the “Certificate of Designations”), authorizing the issuance of up to 20,000 shares of Series D Preferred Stock, par value $0.001 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm
- Material Agreements
  International Land Alliance Inc. entered into Securities Purchase Agreement with Six-Twenty Capital Management LLC valued at Debt: $1,700,000; Preferred Stock stated value: $100.00 per share (effective 2023-11-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Six-Twenty Capital Management LLC
  - Value: Debt: $1,700,000; Preferred Stock stated value: $100.00 per share
  - Effective: 2023-11-08
  source text: On November 8, 2023, International Land Alliance, Inc., a Wyoming corporation (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Six-Twenty Capital Management LLC (the “Purchaser”) who has advanced loans in excess of $1,700,000 (the “Debt”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657214/000149315223039944/0001493152-23-039944-index.htm

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