---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-021374"
form_type: "8-K"
ticker: "NBND"
cik: "0001725911"
company_name: "NetBrands Corp."
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:45:37.432722+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NetBrands issues $110K convertible note and warrant to Trillium Partners at $0.0005/share

## Summary
- Issued $110K face note with $10K OID for $100K cash; due June 20, 2026, 12% interest, convertible at $0.0005/share.
- Issued warrant for 55 million shares at $0.0005 exercise price, seven-year term.
- Note requires initial reservation of 125 million shares for conversion; prepayable with 40% penalty.
- Trillium Partners LP is controlled by Steve Hicks.

## SEC filing metadata
- accession: 0001641172-25-021374
- form_type: 8-K
- ticker: NBND
- cik: 0001725911
- company_name: NetBrands Corp.
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725911/000164117225021374/0001641172-25-021374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725911/000164117225021374/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-021374
- JSON: https://secwatch.observer/filing/0001641172-25-021374.json
- Plain text: https://secwatch.observer/filing/0001641172-25-021374.txt

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