---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-002027"
form_type: "8-K"
ticker: "STEK"
cik: "0001511820"
company_name: "Stemtech Corp"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:49:35.910578+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stemtech secures up to $7M convertible note facility, initial $1M drawn to retire merchant cash advance

## Summary
- Institutional investor Leviston Resources provides up to $7M via convertible note with 12% OID and 7% interest.
- Initial $1M disbursement used to fully pay off a standing Merchant Cash Agreement; balance for product development.
- Note carries 100% warrant coverage and company has redemption right at 125% of face value.
- Investor agrees to no short-selling or hedging of company common stock during term.

## SEC filing metadata
- accession: 0001683168-23-002027
- form_type: 8-K
- ticker: STEK
- cik: 0001511820
- company_name: Stemtech Corp
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/0001683168-23-002027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-002027
- JSON: https://secwatch.observer/filing/0001683168-23-002027.json
- Plain text: https://secwatch.observer/filing/0001683168-23-002027.txt

## Key facts
- Material Agreements
  Stemtech Corp entered into a equity purchase valued at up to $7,000,000 (effective 2023-03-27).
  - Action: entry
  - Agreement: equity purchase
  - Value: up to $7,000,000
  - Effective: 2023-03-27
  source text: On March 27 th , 2023, the Company and an institutional investor executed an investment agreement for up to $7,000,000 via a Convertible Promissory Note, Share Purchase Agreement and Warrant Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1511820/000168316823002027/0001683168-23-002027-index.htm

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