---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-046205"
form_type: "8-K"
ticker: "GOAI"
cik: "0001983736"
company_name: "Eva Live Inc"
filed_at: "2026-10-08T01:56:11+00:00"
generated_at: "2026-10-12T15:41:56.505006+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.88
calibrated_materiality_score: 0.88
confidence: "high"
source: SEC EDGAR
---

# Eva Live signs $1.875M secured convertible note with Dune, issues 75,000 commitment shares

## Summary
- Eva Live agreed to sell Dune Equity Holdings a 12% secured note of up to $1,875,000 principal for up to $1,575,000, with a $300,000 original issue discount.
- First tranche: $937,500 principal for $787,500; net proceeds $747,500 after $40,000 withheld for Dune legal fees; 75,000 closing commitment shares issued.
- Dune has sole discretion to fund optional $312,500 second tranche for $262,500 and $625,000 third tranche for $525,000, with $12,500 and $25,000 legal fee withholdings.
- The note is convertible at $2.50 fixed, or 65% of the three lowest traded prices after default/failed amortization; 4.99% beneficial ownership cap; exchange cap 7,994,828 shares.
- Security agreement grants Dune collateral junior to Streeterville Capital's senior secured debt; Eva Live must seek shareholder approval within 90 days and get D&O insurance within 60 days.

## SEC filing metadata
- accession: 0001493152-26-046205
- form_type: 8-K
- ticker: GOAI
- cik: 0001983736
- company_name: Eva Live Inc
- filed_at: 2026-10-08T01:56:11+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.88
- calibrated_materiality_score: 0.88
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1983736/000149315226046205/0001493152-26-046205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1983736/000149315226046205/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-046205
- JSON: https://secwatch.observer/filing/0001493152-26-046205.json
- Plain text: https://secwatch.observer/filing/0001493152-26-046205.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.