secwatch.observer — SEC 8-K summary
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Issuer:     WYTEC INTERNATIONAL INC (WYTC)
CIK:        0001560143
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001683168-24-000677
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 3.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wytec amends $625K note to allow up to 7 six-month extensions; extends warrants
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- Amendment to $625K unsecured promissory note (Feb 2020) increases maximum six-month maturity extensions from 5 to 7, avoiding default.
- Expiration of 85,784 common stock purchase warrants to director Christopher Stuart extended to Dec 31, 2024.
- Expiration of 71,233 warrants to affiliate Eagle Rock Investments similarly extended to Dec 31, 2024.
- Amended and restated warrant to operations director Erica Perez (25,000 shares, $5.00 strike) corrects expiration to Oct 11, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560143/000168316824000677/0001683168-24-000677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560143/000168316824000677/wytec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000677

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