secwatch / observer
8-K filed November 9, 2023, 6:59 PM ET CIK 0001661039
M&A confidence high sentiment positive materiality 0.65

TPT GLOBAL TECH, INC.: debt financing — TPT Global Tech acquires Geokall Mobile eSIM technology for $1M stock; issues convertible note

TPT GLOBAL TECH, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TPT GLOBAL TECH, INC. incurred convertible notes of $83,750 with 1800 Diagonal Lending LLC at 9% per annum maturing August 15, 2024.

Instrument
convertible notes
Principal
$83,750
Counterparty
1800 Diagonal Lending LLC
Rate
9% per annum
Maturity
August 15, 2024
Event
incurrence
Exact text from the filing
but consummated on November 8, 2023, TPT Global Tech, Inc. (the “Company” or “we”) and 1800 Diagonal Lending LLC (“Holder”) entered into a Convertible Promissory Note totaling $83,750 (“Note,” Exhibit 10.2) and a Securities Purchase Agreement (“SPA,” Exhibit 10.3) (altogether, the “Transaction Documents”). The Company executed a 9% Convertible Promissory Note
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TPT GLOBAL TECH, INC. entered into Convertible Promissory Note and Securities Purchase Agreement with 1800 Diagonal Lending LLC valued at Principal amount $83,750, 9% interest rate, convertible into common stock at a 39% discount to Marke (effective 2023-10-31).

Action
entry
Agreement
credit facility
Counterparty
1800 Diagonal Lending LLC
Value
Principal amount $83,750, 9% interest rate, convertible into common stock at a 39% discount to Marke
Effective
2023-10-31
Exact text from the filing
Dated October 31, 2023, but consummated on November 8, 2023, TPT Global Tech, Inc. (the “Company” or “we”) and 1800 Diagonal Lending LLC (“Holder”) entered into a Convertible Promissory Note totaling $83,750 (“Note,” Exhibit 10.2) and a Securities Purchase Agreement (“SPA,” Exhibit 10.3) (altogether, the “Transaction Documents”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TPT GLOBAL TECH, INC. entered into Acquisition and Purchase Agreement with Geokall UK Ltd. valued at 200,000 shares of TPT Series E Convertible Preferred Stock with a stated price of $5.00 per share; p (effective 2023-10-31).

Action
entry
Agreement
asset purchase
Counterparty
Geokall UK Ltd.
Value
200,000 shares of TPT Series E Convertible Preferred Stock with a stated price of $5.00 per share; p
Effective
2023-10-31
Exact text from the filing
On October 31, 2023, TPT Global Tech, Inc. (“TPT”) entered into an Acquisition and Purchase Agreement with Geokall UK Ltd. (“Geokall”), a UK Limited Company, and its owners (“Sellers”) (altogether, the “Parties”) for all of the assets, liabilities, intellectual property, and technology of Geokall in exchange for 200,000 shares of TPT Series E Convertible Preferred Stock with a stated price of $5.00 per share.
View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR
accession 0001654954-23-014021
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.