secwatch.observer — SEC 8-K summary
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Issuer:     CLOUDASTRUCTURE, INC. (CSAI)
CIK:        0001709628
Form:       8-K
Filed at:   2026-10-02T14:59:24+00:00
Accession:  0001683168-26-007556
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Cloudastructure swaps $63,332.50 of Streeterville note for 18,246 Class A shares at ~$3.47
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- Partitioned Note of $63,332.50 carved out of the June 30, 2026 promissory note with original principal $1,299,870; outstanding balance of the Original Note reduced by that amount.
- 18,246 Class A common shares issued to Streeterville Capital, LLC under Section 3(a)(9); no additional consideration paid by Streeterville.
- Implied exchange price of roughly $3.47 per share ($63,332.50 / 18,246 shares).
- Exchange Shares to be delivered via DWAC on or before September 30, 2026; Partitioned Note cancelled on the Free Trading Date and obligations deemed fulfilled.
- Rule 144 tacking applies Streeterville's holding period from the Original Note's April 14, 2025 issuance date; exchange is not a novation, and the Original Note stays in force under Utah law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709628/000168316826007556/0001683168-26-007556-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709628/000168316826007556/cloud_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-007556

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