---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010484"
form_type: "8-K"
ticker: "INLX"
cik: "0001081745"
company_name: "INTELLINETICS, INC."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T12:51:54.348754+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Intellinetics amends notes, extends maturity option to Dec 2025; grants 80k restricted shares to execs

## Summary
- Note amendment allows individual holders to extend maturity from March 30, 2025 to Dec 31, 2025; 12% interest continues.
- Restricted stock awards: DeSocio 30k shares, Chretien 25k, Spain 25k, vesting one-third at grant, then annually.
- Salary increases approved: DeSocio to $355k, Spain to $240k, Chretien to $212k, retroactive to Jan 1, 2024.
- Severance extended for DeSocio and Spain: 1 year base salary upon change of control, 6 months for other termination.

## SEC filing metadata
- accession: 0001493152-24-010484
- form_type: 8-K
- ticker: INLX
- cik: 0001081745
- company_name: INTELLINETICS, INC.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1081745/000149315224010484/0001493152-24-010484-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1081745/000149315224010484/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010484
- JSON: https://secwatch.observer/filing/0001493152-24-010484.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010484.txt

## Key facts
- Material Agreements
  INTELLINETICS, INC. amended Amendment to all of its 12% Subordinated Promissory Notes with certain accredited investors (effective 2024-03-13).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: certain accredited investors
  - Effective: 2024-03-13
  source text: On March 13, 2024, Intellinetics, Inc. (the “Company”) entered into an Amendment to all of its 12% Subordinated Promissory Notes, dated April 1, 2022 (the “Notes”) with certain accredited investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1081745/000149315224010484/0001493152-24-010484-index.htm

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