secwatch.observer — SEC 8-K summary
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Issuer:     International Land Alliance Inc. (ILAL)
CIK:        0001657214
Form:       8-K
Filed at:   2026-06-02T18:24:31+00:00
Accession:  0001493152-26-026839
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

International Land Alliance raises up to $385K via convertible note and warrant
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- Issued convertible note with $35,000 OID (net $350K), 10% interest, 12-month maturity.
- Conversion price equals lower of $6.00/share or 65% of lowest traded price in prior 20 days.
- Warrant to purchase 48,125 shares at $10.00/share, 5-year term, includes cashless exercise.
- Shares issuable under note and warrant carry registration rights; sold to accredited investor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657214/000149315226026839/0001493152-26-026839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657214/000149315226026839/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-026839

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