secwatch.observer — SEC 8-K summary
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Issuer:     SPIRITS TIME INTERNATIONAL, INC. (—)
CIK:        0001434737
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001551163-24-000020
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spirits Time International amends $300K promissory note with Auctus Fund; outstanding at $339,023 as of April 12, 2024
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- Outstanding amount $339,023 ($290K principal + $49,023 interest) as of effective date April 12, 2024.
- Monthly interest set at $5,800 starting April 12, 2024.
- Auctus will exchange all outstanding into securities of next qualified offering raising at least $3M.
- Exchange occurs on consummation of qualified offering; shares exempt under Section 3(a)(9).
- Amendment executed April 16, 2024, effective retroactively to April 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434737/000155116324000020/0001551163-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434737/000155116324000020/8k.htm
  HTML page:      https://secwatch.observer/filing/0001551163-24-000020

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