secwatch.observer — SEC 8-K summary
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Issuer:     WYTEC INTERNATIONAL INC (WYTC)
CIK:        0001560143
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001683168-23-008496
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Wytec extends CEO's 2M-share warrant expiration to 2025, issues stock to directors
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- CEO William H. Gray's warrant to purchase 2,000,000 shares extended from Dec 31, 2023 to Dec 31, 2025.
- Company issued 175,709 shares to William H. Gray for director services through Sept 30, 2023.
- Other directors received shares: Erica Perez (30,134), Christopher Stuart (25,806), Sam Khoury (25,806), Gary Stein (24,714).
- Board adopted quarterly compensation plan: each director gets $18,750 in stock per quarter starting Q4 2023.
- Share amounts based on recent valuation report; stock not quoted on NASDAQ or equivalent market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560143/000168316823008496/0001683168-23-008496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560143/000168316823008496/wytec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-008496

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