secwatch.observer — SEC 8-K summary
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Issuer:     International Land Alliance Inc. (ILAL)
CIK:        0001657214
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001493152-25-015740
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ILAL issues $110K convertible note to Vista Capital at $0.35/sh
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- Gross proceeds $100K from $110K principal note; maturity March 11, 2026.
- Interest rate 12% per annum; conversion price $0.35 per share of common stock.
- Holder's conversion capped at 4.99% beneficial ownership; OID of $10,000.
- Default triggers 125% penalty plus $500 daily; standard events including bankruptcy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657214/000149315225015740/0001493152-25-015740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657214/000149315225015740/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-015740

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