{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-006787","form_type":"8-K","ticker":"WYTC","cik":"0001560143","company_name":"WYTEC INTERNATIONAL INC","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.348615+00:00","generated_at":"2026-05-17T07:17:46.712063+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Wytec enters $180,550 promissory note with 1800 Diagonal Lending; OID $23,550","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-006787","json":"https://secwatch.observer/filing/0001683168-25-006787.json","markdown":"https://secwatch.observer/filing/0001683168-25-006787.md","text":"https://secwatch.observer/filing/0001683168-25-006787.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825006787/0001683168-25-006787-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825006787/wytec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:17:46.712063+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ae3fb9c4fa0fa8898bfcc43fc8b82a55a9ebb0cc","claim":"WYTEC INTERNATIONAL INC incurred loan of $180,550 with 1800 Diagonal Lending LLC at one-time interest charge of 12% maturing June 30, 2026.","evidence_excerpt":"Wytec International, Inc., a Nevada corporation (\"Wytec\"), entered into a securities purchase agreement (the \"SPA\") with 1800 Diagonal Lending LLC, a Virginia limited liability company (\"1800 Diagonal\"), which closed on September 3, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $180,550 (the \"Note\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825006787/0001683168-25-006787-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$180,550"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"one-time interest charge of 12%"},{"label":"Maturity","value":"June 30, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}