secwatch.observer — SEC 8-K summary
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Issuer:     International Land Alliance Inc. (ILAL)
CIK:        0001657214
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001493152-25-024563
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

International Land Alliance enters $50M convertible financing with Mast Hill Fund; first tranche $3.57M
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- Issued up to $50M convertible promissory note to Mast Hill Fund L.P.; first tranche $3,573,333 principal, net proceeds $3,216,000.
- Note has 10% OID, 12% interest, 12-month maturity per tranche; convertible at 85% of 5-day VWAP.
- First tranche included warrants to purchase 5,337,316 shares at $0.001 per share.
- Also entered Maintenance Agreement for property services through 2044, with $5.209M convertible note on same conversion terms.
- Securities sold under Regulation D to accredited investors; unregistered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657214/000149315225024563/0001493152-25-024563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657214/000149315225024563/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-024563

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