Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.98
WYTEC INTERNATIONAL INC amended loan of $625,000 with Mr. Christopher Stuart at not specified maturing February 13, 2026 (effective date); originally February 25, 2020, as amended; extended by eleven additional six month periods instead of nine.
- Instrument
- loan
- Principal
- $625,000
- Counterparty
- Mr. Christopher Stuart
- Rate
- not specified
- Maturity
- February 13, 2026 (effective date); originally February 25, 2020, as amended; extended by eleven additional six month periods instead of nine
- Event
- amendment
Exact text from the filing
On March 24, 2026, effective as of February 13, 2026, Wytec International, Inc., a Nevada corporation (“Wytec”), entered into an amendment (the “Amendment”) to that certain unsecured promissory note, dated as of February 25, 2020, as amended on August 13, 2022, February 5, 2024, and December 31, 2024, in the original principal amount of $625,000, issued by Wytec to Mr. Christopher Stuart, a director of Wytec (the “Note”) in order to (i) waive any default with respect to the Note and (ii) allow Wytec to extend the maturity date of the Note by eleven (11) additional six month periods instead of nine (9) additional six month periods.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
WYTEC INTERNATIONAL INC issued 124,000 warrants of warrant to Mr. Christopher Stuart for no cash proceeds.
- Security
- warrant
- Shares
- 124,000 warrants
- Purchaser
- Mr. Christopher Stuart
- Consideration
- no cash proceeds
Exact text from the filing
On March 24, 2026, in connection with the Amendment, Wytec issued the Warrants described above in Item 1.01 to Mr. Stuart.
View on SEC.gov