secwatch.observer — SEC 8-K summary
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Issuer:     STRYVE FOODS, INC. (—)
CIK:        0001691936
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001493152-24-002245
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Stryve Foods extends $2.6M note maturity to Dec 2024; cuts warrant strike to $2.75
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- Extended maturity date of $2.6M in secured promissory notes from Dec 31, 2023 to earlier of Dec 31, 2024 or equity raise of at least $3M.
- Reduced exercise price on outstanding warrants from $7.701 to $2.75 per split-adjusted share as consideration for lenders.
- Company in discussions with holder of remaining $1.5M of total $4.1M in notes.
- Lenders granted most-favored-nation rights for any more favorable terms offered to other noteholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691936/000149315224002245/0001493152-24-002245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691936/000149315224002245/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-002245

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