secwatch.observer — SEC 8-K summary
======================================

Issuer:     Genvor Inc (GNVR)
CIK:        0001792941
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001903596-26-000160
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genvor enters $800K convertible note deal with warrants and advisory pact
-------------------------------------------------------------------------

- Issued $800,000 convertible promissory note (10% interest, 9-month maturity) to Evergreen Capital Management.
- Warrants to purchase up to 600,000 shares at $1.00; 5-year term, cashless exercise.
- Purchase price of $666,668 includes 20% OID; first tranche of $166,667 funded on April 16, 2026.
- Note convertible at $1.00/share (or 80% of lowest VWAP if default) with 4.99% beneficial ownership cap.
- Advisory engagement with Brio Advisory for up to $1.2M in preferred stock upon exchange listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792941/000190359626000160/0001903596-26-000160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792941/000190359626000160/gnvr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-26-000160

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer