secwatch.observer — SEC 8-K summary
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Issuer:     TPT GLOBAL TECH, INC. (—)
CIK:        0001661039
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001654954-24-001666
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPT Global Tech issues $92K convertible note at 12% interest, 35% discount; partnerships with Boss Productions
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- Convertible Promissory Note of $92,000 with 12% interest (22% default): net proceeds $75,000; conversion at 35% discount to market price.
- 700M+ shares reserved for conversion (750M for this note + 750M for prior notes as inducement).
- Strategic partnership with Boss Productions to integrate live event content (yacht racing, golf, boxing, film festivals) into VuMe Super App.
- Partnership aims to stream events globally via app's live broadcasting, on-demand, and social media features; quotes from both CEOs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1661039/000165495424001666/0001654954-24-001666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1661039/000165495424001666/tptw_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-001666

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