Wytec enters $180,550 promissory note with 1800 Diagonal Lending; OID $23,550

WYTEC INTERNATIONAL INC

Closed securities purchase agreement with 1800 Diagonal Lending on Sep 3, 2025 issuing a $180,550 principal note (purchased for $157,000; $23,550 OID).
Note matures Jun 30, 2026 with scheduled installments: $101,108.50 due Feb 28, 2026; four quarterly payments of ~$25,277.
Default triggers 150% increase in outstanding and 22% interest; conversion option at 65% of lowest 10-day VWAP capped at 4.99% ownership.
Proceeds used for general working capital; additional tranches of up to $1,625,000 subject to future agreement.

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