---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-24-000012"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:03:10.336976+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Latch amends promissory notes to extend delisting default trigger date to May 3, 2024

## Summary
- Amended $22M promissory notes (10% PIK, due July 2025) to extend delisting default reference date to May 3, 2024.
- Majority noteholders approved the amendment; Latch is in active negotiations for additional changes to the promissory notes.
- Notes were issued as partial consideration for the May 2023 acquisition of Honest Day's Work, Inc.
- Stock trades on OTC Expert Market (LTCH, LTCHW); Nasdaq delisting risk remains a condition for acceleration.

## SEC filing metadata
- accession: 0001826000-24-000012
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600024000012/0001826000-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600024000012/lat-20240414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-24-000012
- JSON: https://secwatch.observer/filing/0001826000-24-000012.json
- Plain text: https://secwatch.observer/filing/0001826000-24-000012.txt

## Key facts
- Material Agreements
  Latch, Inc. amended Amendment to Promissory Notes with Holders of a majority of the outstanding principal amount of the Promissory Notes valued at The Amendment amends the definition of Delisting such that the Reference Date is May 3, 2024 instead (effective 2024-04-14).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Holders of a majority of the outstanding principal amount of the Promissory Notes
  - Value: The Amendment amends the definition of Delisting such that the Reference Date is May 3, 2024 instead
  - Effective: 2024-04-14
  source text: On April 14, 2024, the Company and Holders of a majority of the outstanding principal amount of the Promissory Notes (the “Majority Holders”) entered into an Amendment to Promissory Notes (the “Amendment”) to amend the definition of Delisting such that the Reference Date is May 3, 2024 instead of April 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600024000012/0001826000-24-000012-index.htm

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