{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-007683","form_type":"8-K","ticker":"WYTC","cik":"0001560143","company_name":"WYTEC INTERNATIONAL INC","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.736643+00:00","generated_at":"2026-05-17T03:01:27.531639+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Wytec issues $94,300 promissory note to 1800 Diagonal Lending, net proceeds $82k","bullets":["Note issued Oct 15, 2025; principal $94,300, includes $12,300 original issue discount, net purchase price $82,000.","One-time 12% interest charge of $11,316; maturity Aug 15, 2026 with installment payments starting Apr 15, 2026.","Upon default, note converts to common stock at 65% of lowest trading price in prior 10 trading days.","Company has ~16.996M shares outstanding; note contains 4.99% beneficial ownership cap on conversion.","SPA references potential additional tranches up to $1,625,000 subject to future agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-007683","json":"https://secwatch.observer/filing/0001683168-25-007683.json","markdown":"https://secwatch.observer/filing/0001683168-25-007683.md","text":"https://secwatch.observer/filing/0001683168-25-007683.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/0001683168-25-007683-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/wytec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:01:27.531639+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":"fc745960866631437c4f9eb58b025faae68f30ef","claim":"WYTEC INTERNATIONAL INC incurred loan of $94,300 with 1800 Diagonal Lending LLC at 12% maturing August 15, 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 October 15, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $94,300 (the “Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/0001683168-25-007683-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$94,300"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"12%"},{"label":"Maturity","value":"August 15, 2026"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}