---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-042885"
form_type: "8-K"
ticker: "VYST"
cik: "0001308027"
company_name: "Vystar Corp"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:48:44.242899+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Court dismisses EMA's $4.226M breach-of-contract claim against Vystar

## Summary
- Court ruled EMA breached conversion terms; Vystar satisfied note repayment.
- EMA sought $4,226,187 in damages; entire breach-of-contract complaint dismissed.
- Court invited Vystar to file application for legal fees and expenses.
- Vystar considering appeal of certain rulings not in its favor before Second Circuit.
- Principal balance at issue was $80,000 with 24% interest; EMA over-converted by 36.6M shares.

## SEC filing metadata
- accession: 0001493152-23-042885
- form_type: 8-K
- ticker: VYST
- cik: 0001308027
- company_name: Vystar Corp
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308027/000149315223042885/0001493152-23-042885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308027/000149315223042885/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-042885
- JSON: https://secwatch.observer/filing/0001493152-23-042885.json
- Plain text: https://secwatch.observer/filing/0001493152-23-042885.txt

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