---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-005311"
form_type: "8-K"
ticker: "CSAI"
cik: "0001709628"
company_name: "CLOUDASTRUCTURE, INC."
filed_at: "2026-07-06T20:43:05+00:00"
generated_at: "2026-07-06T20:44:17.135131+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cloudastructure exchanges 1,170 Series 2 Preferred shares for $1.3M promissory note; amends preferred stock terms

## Summary
- Exchanged 1,170 Series 2 Convertible Preferred shares for a $1,299,870 promissory note with 9.5% interest, maturing July 30, 2027.
- Note is unsecured; Streeterville can redeem up to $108,332.50 per month starting July 30, 2026.
- Amended Series 2 Certificate of Designations to classify preferred as equity under GAAP; fixed conversion price $0.40 per share with full-ratchet anti-dilution.
- Eliminated deemed liquidation event and forced redemption rights; holder remedies limited to 10% stated value increase and equitable relief.
- Exchange done under Section 3(a)(9) exemption; no additional consideration paid.

## SEC filing metadata
- accession: 0001683168-26-005311
- form_type: 8-K
- ticker: CSAI
- cik: 0001709628
- company_name: CLOUDASTRUCTURE, INC.
- filed_at: 2026-07-06T20:43:05+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709628/000168316826005311/0001683168-26-005311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709628/000168316826005311/cloud_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-005311
- JSON: https://secwatch.observer/filing/0001683168-26-005311.json
- Plain text: https://secwatch.observer/filing/0001683168-26-005311.txt

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