---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-003735"
form_type: "8-K"
ticker: "KITL"
cik: "0001608092"
company_name: "Kisses From Italy Inc."
filed_at: "2022-05-17T23:59:59+00:00"
generated_at: "2026-06-25T12:02:57.544367+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kisses from Italy issues $150K convertible note to Fourth Man; receives $135K net

## Summary
- 12% annual interest, due in 12 months; default rate 16%.
- Convertible at fixed $0.025 per share; subject to anti-dilution adjustment.
- Issued 607,000 commitment shares and warrant for 1,500,000 shares at $0.10 exercise price.
- Registration rights agreement requires filing within 90 days; default if not effective in 180 days.
- Net proceeds of $135,000 after $15,000 original issue discount and $3,000 legal fee withholding.

## SEC filing metadata
- accession: 0001683168-22-003735
- form_type: 8-K
- ticker: KITL
- cik: 0001608092
- company_name: Kisses From Italy Inc.
- filed_at: 2022-05-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1608092/000168316822003735/0001683168-22-003735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1608092/000168316822003735/kisses_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-003735
- JSON: https://secwatch.observer/filing/0001683168-22-003735.json
- Plain text: https://secwatch.observer/filing/0001683168-22-003735.txt

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