secwatch.observer — SEC 8-K summary
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Issuer:     SUPA Consolidated Inc. (SFCX)
CIK:        0001624985
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001683168-23-000586
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Tribal Rides extends convertible note maturity to Aug 2023; issues 1M shares to AJB Capital
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- Extended maturity of $290K convertible note from Feb 10 to Aug 10, 2023 via second modification.
- Issued 1,000,000 shares to AJB Capital as extension fee; must register resale by Oct 31, 2023.
- Also issued 1,000,000 vested shares to CFO Don Smith and CTO Steven Ritacco on Dec 31, 2022.
- New issuances exceed 5% of prior outstanding shares (36,502,500 as of Nov 10, 2022).
- Securities issued without registration under Section 4(a)(2)/Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624985/000168316823000586/0001683168-23-000586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624985/000168316823000586/tribal_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-000586

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