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Wytec International, Inc. amended an existing $625,000 unsecured promissory note with director Christopher Stuart, waiving defaults and extending the maturity date by eleven additional six-month periods. In consideration, Wytec issued 124,000 warrants to purchase common stock at $1.50 per share, exercisable until December 31, 2026, with potential price adjustment upon NASDAQ listing.
Event Type
Disclosure
Mandatory
Variant
8-K
to Mr. Stuart. The issuance was made in reliance on the exemption from registration under Rule 506(b) of Regulation D of the Securities Act of 1933, as amended.
. Financial Statements and Exhibits. (d) Exhibits 4.1 Christopher Stuart Warrant, dated March 24, 2026 10.1 Amendment to Promissory Note, dated March 24, 2026,
Material Agreement