WEARABLE HEALTH SOLUTIONS, INC.: debt financing — CEO Mittler resigns; Pizzino becomes CEO; $279,940 secured note issued

WEARABLE HEALTH SOLUTIONS, INC.

Resignation of CEO Harrysen Mittler effective Nov 8, 2023, not due to any disagreement.
President Peter Pizzino appointed CEO effective immediately.
Company issued secured promissory note to Pizzino for $279,940 at 3% interest, maturity Oct 7, 2024.
Note covers $279,940 in prior loans used for operations; debt now satisfied and formalized.
Security agreement grants first-priority lien on all company assets to secure the note.

item 1.01 item 2.03 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Harrysen Mittler

Chief Executive Officer and Director

WEARABLE HEALTH SOLUTIONS, INC.

Effective: 2023-11-08
Successor: Peter Pizzino
Filed: November 16, 2023, 6:59 PM ET

Mr. Harrysen Mittler resigned from the capacity of CEO and as a Director for the Company.

Appointed

Peter Pizzino

Chief Executive Officer

WEARABLE HEALTH SOLUTIONS, INC.

Effective: 2023-11-08
Filed: November 16, 2023, 6:59 PM ET

Mr. Peter Pizzino our current President and Director will take over as the Company's CEO.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WEARABLE HEALTH SOLUTIONS, INC. incurred loan of $279,940 with Peter Pizzino at 3% per annum maturing October 7, 2024.

Instrument: loan
Principal: $279,940
Counterparty: Peter Pizzino
Rate: 3% per annum
Maturity: October 7, 2024
Event: incurrence

Exact text from the filing

On November 3, 2023, Wearable Health Solutions, Inc. (the “Company”) entered into a Promissory Note Agreement (the “Promissory Note”) with its president Peter Pizzino (“Noteholder”), pursuant to which the Company issued to the Noteholder, on November 3, 2023, Secured Note in an aggregate principal amount of $279,940

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Harrysen Mittler resigned as Chief Executive Officer and Director at WEARABLE HEALTH SOLUTIONS, INC..

Action: resigned
Role: Chief Executive Officer and Director

Exact text from the filing

Mr. Harrysen Mittler resigned from the capacity of CEO and as a Director for the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Pizzino was appointed as Chief Executive Officer at WEARABLE HEALTH SOLUTIONS, INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Mr. Peter Pizzino our current President and Director will take over as the Company's CEO.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WEARABLE HEALTH SOLUTIONS, INC. entered into Promissory Note Agreement with Peter Pizzino valued at $279,940 (effective 2023-11-03).

Action: entry
Agreement: notes offering
Counterparty: Peter Pizzino
Value: $279,940
Effective: 2023-11-03

Exact text from the filing

On November 3, 2023, Wearable Health Solutions, Inc. (the “Company”) entered into a Promissory Note Agreement (the “Promissory Note”) with its president Peter Pizzino (“Noteholder”), pursuant to which the Company issued to the Noteholder, on November 3, 2023, Secured Note in an aggregate principal amount of $279,940

View on SEC.gov

42 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001683168-23-008231

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