---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-003788"
form_type: "8-K"
ticker: "KITL"
cik: "0001608092"
company_name: "Kisses From Italy Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:29:59.014998+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kisses from Italy raises $100K via convertible note, warrant & commitment shares

## Summary
- Issued $110,000 convertible promissory note to Jefferson Street Capital LLC with 10% interest, maturing Feb 9, 2024.
- Net proceeds of $100,000 due to original issue discount; note convertible at $0.01 per share.
- Issued 500,000 commitment shares and a warrant to purchase 1,000,000 shares at $0.10 per share.
- Securities issued in private placement under Section 4(2) and Regulation D.
- Beneficial ownership limitation of 4.99% applies to the investor.

## SEC filing metadata
- accession: 0001683168-23-003788
- form_type: 8-K
- ticker: KITL
- cik: 0001608092
- company_name: Kisses From Italy Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: debt
- sentiment: negative
- 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/1608092/000168316823003788/0001683168-23-003788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1608092/000168316823003788/kisses_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-003788
- JSON: https://secwatch.observer/filing/0001683168-23-003788.json
- Plain text: https://secwatch.observer/filing/0001683168-23-003788.txt

## Key facts
- Debt Financings
  Kisses From Italy Inc. incurred loan of $110,000.00 with Jefferson Street Capital LLC at 10% per annum maturing February 9, 2024.
  - Instrument: loan
  - Principal: $110,000.00
  - Counterparty: Jefferson Street Capital LLC
  - Rate: 10% per annum
  - Maturity: February 9, 2024
  - Event: incurrence
  source text: On May 24, 2022, Kisses from Italy, Inc., a Florida corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Jefferson Street Capital LLC, a New Jersey limited liability company (“Lender”), pursuant to which the Company issued to the Lender a promissory note in the principal amount of $110,000.00 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1608092/000168316823003788/0001683168-23-003788-index.htm
- Material Agreements
  Kisses From Italy Inc. entered into Securities Purchase Agreement with Jefferson Street Capital LLC valued at $110,000.00 (effective 2022-05-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Jefferson Street Capital LLC
  - Value: $110,000.00
  - Effective: 2022-05-24
  source text: On May 24, 2022, Kisses from Italy, Inc., a Florida corporation (the "Company"), entered into a Securities Purchase Agreement (the "Purchase Agreement") with Jefferson Street Capital LLC, a New Jersey limited liability company ("Lender"), pursuant to which the Company issued to the Lender a promissory note in the principal amount of $110,000.00 (the "Note").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1608092/000168316823003788/0001683168-23-003788-index.htm

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