secwatch.observer — SEC 8-K summary
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Issuer:     OneMeta Inc. (ONEI)
CIK:        0001388295
Form:       8-K
Filed at:   2025-09-23T23:59:59+00:00
Accession:  0001493152-25-014608
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMeta enters $1.05M secured promissory note at 14% interest, grants security over all assets
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- Secured Promissory Note with Rowland W. Day II and Jaime D. Day Family Trust for ~$1,049,213 (principal + accrued interest).
- Note bears 14% annual interest, payable on demand or upon default; consolidates existing debt and provides new funds.
- Granted first-priority security interest in substantially all assets via Security Agreement and Patent Security Agreement.
- Rowland Day, OneMeta's President, is a related party to the Noteholder (insider transaction).
- Note subject to customary covenants, events of default, and remedies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225014608/0001493152-25-014608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225014608/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-014608

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