---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-24-000028"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:08:18.548348+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Latch completes acquisition of HelloTech, assumes ~$6.9M debt; negotiating new $6M loan with warrant

## Summary
- Merger closed July 1, 2024: HelloTech became wholly owned subsidiary; its stockholders received no consideration.
- Latch assumed HelloTech's ~$6.9M term loan; bank agreed to forgive ~$0.9M if Latch pays $6M by July 15.
- Latch paid $250,000 of HelloTech's merger-related expenses.
- Latch negotiating new $6M term loan with the bank and issuance of a warrant for 1M shares at $1.25 exercise price, 6-year term.
- No assurance that the new debt arrangement with the bank will be finalized on acceptable terms or at all.

## SEC filing metadata
- accession: 0001826000-24-000028
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600024000028/0001826000-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600024000028/lat-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-24-000028
- JSON: https://secwatch.observer/filing/0001826000-24-000028.json
- Plain text: https://secwatch.observer/filing/0001826000-24-000028.txt

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