secwatch.observer — SEC 8-K summary
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Issuer:     OneMeta Inc. (ONEI)
CIK:        0001388295
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001493152-25-021165
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMeta issues $2M 14% convertible secured notes and 6M-share warrants at $0.08
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- Convertible notes: $2M principal, 14% interest, 36-month amortization, maturity Oct 31, 2028.
- Notes convertible at $0.08/share; 5-year warrants to buy 6M shares at $0.08.
- Proceeds used to repay $917,966 former-President note and $408,486 credit card balances, remainder for working capital.
- Notes secured by security agreement and patent security agreement; negative covenants restrict additional debt and M&A.
- Holders granted one demand registration right and piggy-back registration rights on common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225021165/0001493152-25-021165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225021165/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-021165

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