secwatch.observer — SEC 8-K summary
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Issuer:     Aether Holdings, Inc. (ATHR)
CIK:        0002026353
Form:       8-K
Filed at:   2026-05-19T21:00:30+00:00
Accession:  0001493152-26-024444
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aether Holdings issues $3.24M secured note to Streeterville Capital at 8% interest, 18-month term
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- $3.24M secured promissory note issued to Streeterville Capital; net proceeds $3M after $240K OID and $30K expenses.
- Note bears 8% interest compounded daily, matures in 18 months; prepayment at 110% of outstanding balance.
- Secured by first-position lien on substantially all assets, intellectual property, and subsidiary guarantees.
- Covenant restricts variable-rate transactions; most-favored-nation clause applies; monthly redemption cap of $250K after 6 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2026353/000149315226024444/0001493152-26-024444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2026353/000149315226024444/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-024444

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