---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-007472"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:11:04.681256+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wytec raises $157K via convertible note with Labrys Fund; maturity Oct 2026

## Summary
- Issued $180,550 promissory note to Labrys Fund II for net proceeds of $157,000 after $23,550 original issue discount.
- Note carries 12% one-time interest ($21,666) and matures Oct 3, 2026 with amortization payments of $28,888 from Apr to Oct 2026.
- Upon default or missed payment, Labrys can convert outstanding at 65% of lowest 20-day VWAP, subject to 4.99% ownership cap.
- If Wytec receives cash proceeds exceeding $500k, Labrys may require up to 25% of excess to repay the note.
- As of Oct 3, 2025, Wytec had 16,903,492 common shares outstanding.

## SEC filing metadata
- accession: 0001683168-25-007472
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007472/0001683168-25-007472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007472/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-007472
- JSON: https://secwatch.observer/filing/0001683168-25-007472.json
- Plain text: https://secwatch.observer/filing/0001683168-25-007472.txt

## Key facts
- Debt Financings
  WYTEC INTERNATIONAL INC incurred loan of $180,550 with Labrys Fund II, L.P. at 12% maturing October 3, 2026.
  - Instrument: loan
  - Principal: $180,550
  - Counterparty: Labrys Fund II, L.P.
  - Rate: 12%
  - Maturity: October 3, 2026
  - Event: incurrence
  source text: Wytec sold Labry a promissory note in the principal amount of $180,550 (the “Note”). The Note included an original issue discount of $23,550 and was purchased for an aggregate of $157,000. A one-time interest charge of 12% was applied to the principal amount on the issuance date of the Note in the amount of $21,666. The Note has a maturity date of October 3, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007472/0001683168-25-007472-index.htm

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