---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-25-000246"
form_type: "8-K"
ticker: "ESGH"
cik: "0001883835"
company_name: "ESG Inc."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:48:45.417789+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ESG Inc. issues $275K convertible note to Labrys Fund II; changes auditor from Prager Metis to Boladale Lawal

## Summary
- Entered securities purchase agreement with Labrys Fund II for $275K convertible note, net cash proceeds of $250K after fees.
- Note bears 10% interest, matures in 12 months; convertible at 90% of lowest closing bid price over prior 10 trading days.
- Issued warrant to purchase 45,833 shares at $6.00 per share as additional consideration.
- Terminated Prager Metis CPAs, LLC as auditor on August 7, 2025; hired Boladale Lawal & Co. same day.
- Prior audit report for FY2024 included a going concern explanatory paragraph; no disagreements with former auditor.

## SEC filing metadata
- accession: 0001520138-25-000246
- form_type: 8-K
- ticker: ESGH
- cik: 0001883835
- company_name: ESG Inc.
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883835/000152013825000246/0001520138-25-000246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883835/000152013825000246/esg-20250808_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-25-000246
- JSON: https://secwatch.observer/filing/0001520138-25-000246.json
- Plain text: https://secwatch.observer/filing/0001520138-25-000246.txt

## Key facts
- Auditor Changes
  ESG Inc. dismissed Prager Metis CPAs, LLC as its auditor.
  - Action: dismissal
  - Auditor: Prager Metis CPAs, LLC
  source text: On August 7, 2025, ESG Inc. ( “ Company”) terminated Prager Metis CPAs, LLC ( “ Former Auditor”) as its independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883835/000152013825000246/0001520138-25-000246-index.htm
- Debt Financings
  ESG Inc. incurred convertible notes of $275,000 with Labrys Fund II, L.P. at 10% per annum maturing twelve (12) months from the Issue Date.
  - Instrument: convertible notes
  - Principal: $275,000
  - Counterparty: Labrys Fund II, L.P.
  - Rate: 10% per annum
  - Maturity: twelve (12) months from the Issue Date
  - Event: incurrence
  source text: On August 5, 2025, ESG Inc., a Nevada corporation (the “ Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Labrys Fund II, L.P. (the “Purchaser”) and issued to the Purchaser convertible promissory note in the aggregate principal amount of $275,000 (the “Convertible Note”) for an aggregate cash purchase of $250,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883835/000152013825000246/0001520138-25-000246-index.htm

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