secwatch.observer — SEC 8-K summary
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Issuer:     QS Energy, Inc. (QSEP)
CIK:        0001103795
Form:       8-K
Filed at:   2022-09-27T23:59:59+00:00
Accession:  0001683168-22-006637
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QS Energy raises $393,000 via private placement of convertible notes and warrants
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- Issued $432,300 principal in convertible notes and warrants for 14.4M shares to accredited and non-U.S. investors.
- Net proceeds of $393,000 for general corporate purposes and working capital.
- Notes due in 12 months, convertible at $0.03 per share; warrants exercisable at $0.04 per share for one year.
- If notes not paid at maturity, balance increases by 10% and bears 10% interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1103795/000168316822006637/0001683168-22-006637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1103795/000168316822006637/qsenergy_i8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-006637

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