---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-008657"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:04:09.241116+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wytec amends two director-held notes to add equity conversion at $5/share and warrant sweetener

## Summary
- Amended $50,000 (Nov 2022) and $100,000 (Dec 2022) notes, both at 7% interest, issued to director Christopher Stuart.
- Maturity can now be extended by up to three six-month periods (previously two) at borrower's option.
- Lender may convert principal and interest to common stock at $5.00 per share at any time before maturity.
- Conversion before Dec 31, 2023 also entitles lender to warrants exercisable at the greater of $5.00 or 85% of 10-day VWAP.
- Warrants expire Dec 31, 2023 and can be exercised on a cash or cashless basis.

## SEC filing metadata
- accession: 0001683168-23-008657
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316823008657/0001683168-23-008657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316823008657/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-008657
- JSON: https://secwatch.observer/filing/0001683168-23-008657.json
- Plain text: https://secwatch.observer/filing/0001683168-23-008657.txt

## Key facts
- Material Agreements
  WYTEC INTERNATIONAL INC amended Amendments with Christopher Stuart valued at $100,000 (effective 2023-12-05).
  - Action: amendment
  - Counterparty: Christopher Stuart
  - Value: $100,000
  - Effective: 2023-12-05
  source text: On or about December 5, 2023, Wytec International, Inc., a Nevada corporation (“Wytec”), amended (the “Amendments”) that certain unsecured promissory note, dated November 21, 2022, in the original principal amount of $50,000 issued by Wytec to Christopher Stuart
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316823008657/0001683168-23-008657-index.htm
- Material Agreements
  WYTEC INTERNATIONAL INC amended Amendments with Christopher Stuart valued at $100,000 (effective 2023-12-05).
  - Action: amendment
  - Counterparty: Christopher Stuart
  - Value: $100,000
  - Effective: 2023-12-05
  source text: and that certain unsecured promissory note, dated December 19, 2022, in the original principal amount of $100,000 issued by Wytec to the Lender
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316823008657/0001683168-23-008657-index.htm

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