{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-009189","form_type":"8-K","ticker":"WYTC","cik":"0001560143","company_name":"WYTEC INTERNATIONAL INC","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.737060+00:00","generated_at":"2026-05-16T13:03:22.031523+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Wytec raises $122K in convertible notes with Labrys Fund II and 1800 Diagonal Lending","bullets":["Sold $74,750 principal note to Labrys for $65,000; OID $9,750; 12% interest charge; matures Dec 5, 2026.","Sold $65,500 principal note to 1800 Diagonal for $57,000; OID $8,500; 12% interest charge; matures Oct 15, 2026.","Both notes convertible into common stock at 65% of lowest trading price upon default; 4.99% beneficial ownership cap.","Labrys note amortizes in monthly payments starting June 2026; prepayment right within 181 days.","1800 Diagonal note has ten equal monthly payments starting Jan 15, 2026; prepayment discount up to 5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-009189","json":"https://secwatch.observer/filing/0001683168-25-009189.json","markdown":"https://secwatch.observer/filing/0001683168-25-009189.md","text":"https://secwatch.observer/filing/0001683168-25-009189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825009189/0001683168-25-009189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825009189/wytec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:03:22.031523+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":"03562794fb214e89a86376230a04f7154b490504","claim":"WYTEC INTERNATIONAL INC incurred loan of $65,500 with 1800 Diagonal Lending LLC at 12% maturing October 15, 2026.","evidence_excerpt":"Wytec entered into a securities purchase agreement (the “1800 Diagonal SPA”) with 1800 Diagonal Lending LLC, a Virginia limited liability company (“1800 Diagonal”), which closed on December 12, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $65,500 (the “1800 Diagonal Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825009189/0001683168-25-009189-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$65,500"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"12%"},{"label":"Maturity","value":"October 15, 2026"},{"label":"Event","value":"incurrence"}]},{"claim_id":"2829e56401722b65878717ca09abace514a2b745","claim":"WYTEC INTERNATIONAL INC incurred loan of $74,750 with Labrys Fund II, L.P. at 12% maturing December 5, 2026.","evidence_excerpt":"Wytec International, Inc., a Nevada corporation (“Wytec”), entered into a securities purchase agreement (the “Labrys SPA”) with Labrys Fund II, L.P., a Delaware limited partnership (“Labrys”), which closed on December 10, 2025, pursuant to which Wytec sold Labrys a promissory note in the principal amount of $74,750 (the “Labrys Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560143/000168316825009189/0001683168-25-009189-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$74,750"},{"label":"Counterparty","value":"Labrys Fund II, L.P."},{"label":"Rate","value":"12%"},{"label":"Maturity","value":"December 5, 2026"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}