secwatch.observer — SEC 8-K summary
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Issuer:     Leopard Energy, Inc. (LEEN)
CIK:        0001230524
Form:       8-K
Filed at:   2022-01-10T23:59:59+00:00
Accession:  0001575705-22-000037
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyber Apps World raises $46,250 via $50K convertible note with 39% conversion discount
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- Issued $50,000 convertible promissory note to Sixth Street Lending; net proceeds $46,250.
- Interest rate 10% per annum; maturity Dec 30, 2022; default interest 22%.
- Conversion after 180 days at 61% of lowest closing bid price in prior 20 days (39% discount).
- Prepayment option within 180 days at 130% of outstanding principal and interest.
- Conversion limited to 4.99% beneficial ownership; shares reserved at 8x full conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1230524/000157570522000037/0001575705-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1230524/000157570522000037/cyberapps_8k.htm
  HTML page:      https://secwatch.observer/filing/0001575705-22-000037

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