secwatch.observer — SEC 8-K summary
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Issuer:     WYTEC INTERNATIONAL INC (WYTC)
CIK:        0001560143
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001683168-24-000045
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wytec amends Series C Preferred Stock to remove automatic redemption provision
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- Amendment removes automatic redemption of Series C Preferred upon national exchange listing.
- Sole holder is CEO William H. Gray; amendment aligns with Oct 6, 2022 exchange agreement.
- Provision removed was incompatible with the exchange agreement between company and Mr. Gray.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560143/000168316824000045/0001683168-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560143/000168316824000045/wytec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000045

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