---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-002741"
form_type: "8-K"
ticker: "KITL"
cik: "0001608092"
company_name: "Kisses From Italy Inc."
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:08:54.062293+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kisses from Italy raises $297K via convertible notes with Talos and Blue Lake; issues warrants and shares

## Summary
- Issued two $165,000 promissory notes to Talos Victory Fund and Blue Lake Partners; net proceeds $148,500 each after OID.
- Notes bear 12% interest, mature April 2023, convertible at $0.05 per share; warrants exercisable at $0.10 for 1.65M shares each.
- Issued 500,000 commitment shares to each investor; registration rights granted with 90-day filing deadline.
- Investors granted right of first refusal on future issuances and most favored nation clause until notes paid in full.
- Total potential dilution: up to 3.3M warrant shares plus 2M commitment shares plus conversion shares.

## SEC filing metadata
- accession: 0001683168-22-002741
- form_type: 8-K
- ticker: KITL
- cik: 0001608092
- company_name: Kisses From Italy Inc.
- filed_at: 2022-04-15T23:59:59+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/1608092/000168316822002741/0001683168-22-002741-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1608092/000168316822002741/kisses_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-002741
- JSON: https://secwatch.observer/filing/0001683168-22-002741.json
- Plain text: https://secwatch.observer/filing/0001683168-22-002741.txt

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