---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029112"
form_type: "8-K"
ticker: "UAVS"
cik: "0000008504"
company_name: "AgEagle Aerial Systems Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:32:20.879700+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AgEagle amends $4.85M convertible note, adds $586k in accrued interest and damages for missed payments

## Summary
- Principal increased by $586,286.90 to $4,850,828.90, including $159,832.70 accrued interest and $426,454.20 liquidated damages.
- June 3, July 1, and August 1, 2024 amortization payments deferred to maturity; defaults waived.
- Alpha Capital's Additional Investment Right extended to Dec 31, 2025, minimum tranche reduced from $1M to $500k.
- Note carries 12% annual interest; monthly amortization payments were $484,949 starting April 1, 2024.

## SEC filing metadata
- accession: 0001493152-24-029112
- form_type: 8-K
- ticker: UAVS
- cik: 0000008504
- company_name: AgEagle Aerial Systems Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8504/000149315224029112/0001493152-24-029112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8504/000149315224029112/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029112
- JSON: https://secwatch.observer/filing/0001493152-24-029112.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029112.txt

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