---
schema_version: "secwatch.filing_event.v1"
accession: "0001712543-25-000010"
form_type: "8-K"
ticker: "EQS"
cik: "0000878932"
company_name: "EQUUS TOTAL RETURN, INC."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:25:36.296207+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Equus Total Return raises $2M via convertible note; invests $1.5M in GEVI note

## Summary
- Issued $2M senior convertible note (10% interest, 1-yr, conversion $1.50/share) plus warrants for 2M shares at $1.50.
- Purchased $1.5M GEVI senior convertible note (10% interest, 1-yr, conversion $0.40/share) plus warrants for 1.875M shares at $0.50.
- Transactions closed on Feb 10, 2025; securities issued in unregistered offerings exempt under Section 4(2).

## SEC filing metadata
- accession: 0001712543-25-000010
- form_type: 8-K
- ticker: EQS
- cik: 0000878932
- company_name: EQUUS TOTAL RETURN, INC.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878932/000171254325000010/0001712543-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878932/000171254325000010/f8k_equus02102025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712543-25-000010
- JSON: https://secwatch.observer/filing/0001712543-25-000010.json
- Plain text: https://secwatch.observer/filing/0001712543-25-000010.txt

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