secwatch.observer — SEC 8-K summary
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Issuer:     DYADIC INTERNATIONAL INC (DYAI)
CIK:        0001213809
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001493152-25-013635
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dyadic amends security agreement; CEO's trust added as secured party for $1M note purchase
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- CEO Mark Emalfarb purchased and was assigned a $1,000,000 Senior Secured Convertible Promissory Note due March 8, 2027.
- Amendment added Mark A. Emalfarb Trust as a secured party with $1,000,000 principal.
- Other secured parties updated: Francisco Trust $1M, Barry M. Kitt $1M, CK Management $1M, and others.
- Amendment executed September 15, 2025, effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1213809/000149315225013635/0001493152-25-013635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1213809/000149315225013635/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-013635

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer