secwatch.observer — SEC 8-K summary
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Issuer:     WYTEC INTERNATIONAL INC (WYTC)
CIK:        0001560143
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001683168-26-002607
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wytec extends maturity on $540K in convertible notes to Dec 2026; adjusts warrant price to $1.50
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- Extended maturity on $490K secured and $50K unsecured convertible notes from Dec 31, 2025 to Dec 31, 2026.
- Amended agreements with 11 noteholders; waived defaults through January 1, 2026.
- Warrant exercise price reduced to $1.50; will adjust to 85% of 10-day moving avg upon NASDAQ listing.
- Director Christopher Stuart holds $125K of the secured notes being amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560143/000168316826002607/0001683168-26-002607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560143/000168316826002607/wytec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-002607

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer