secwatch.observer — SEC 8-K summary
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Issuer:     Stemtech Corp (STEK)
CIK:        0001511820
Form:       8-K
Filed at:   2021-09-21T23:59:59+00:00
Accession:  0001683168-21-004363
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Globe Net Wireless receives $1.4M investment from Sharing Services Global via convertible note
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- Company issued $1.4M convertible promissory note to Sharing Services Global (SHRG) at 10% interest, matures Sept 9, 2024.
- Conversion price set at $3.2431 per share based on 30-day VWAP; also issued 1.4M warrants with three-year term.
- Proceeds to be used for working capital and capital expenditures.
- SHRG appoints its CEO John 'JT' Thatch to GNTW's board as part of the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511820/000168316821004363/0001683168-21-004363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511820/000168316821004363/globenet_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-004363

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