---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-009852"
form_type: "8-K"
ticker: "TGCB"
cik: "0001815632"
company_name: "Tego Cyber, Inc."
filed_at: "2022-07-20T23:59:59+00:00"
generated_at: "2026-06-24T11:34:23.009413+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tego Cyber raises $135K net via convertible note with 10% interest and variable conversion price

## Summary
- Entered funding transaction with District 2 Capital Fund LP for $150,000 ($135,000 net) via promissory note with $15,000 OID.
- Note carries 10% interest, matures January 12, 2023, with possible 6-month extension at 15% interest.
- Convertible after 180 days at lower of lowest trading price in prior 20 trading days; 1.2M shares reserved.
- Proceeds used for working capital; issuances exempt under Rule 506(b) and Section 4(a)(2).

## SEC filing metadata
- accession: 0001654954-22-009852
- form_type: 8-K
- ticker: TGCB
- cik: 0001815632
- company_name: Tego Cyber, Inc.
- filed_at: 2022-07-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1815632/000165495422009852/0001654954-22-009852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1815632/000165495422009852/tgcb_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-009852
- JSON: https://secwatch.observer/filing/0001654954-22-009852.json
- Plain text: https://secwatch.observer/filing/0001654954-22-009852.txt

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