Cloudastructure Files 8-K for Material Agreement
Ticker: CSAI · Form: 8-K · Filed: Dec 18, 2025 · CIK: 1709628
| Field | Detail |
|---|---|
| Company | Cloudastructure, Inc. (CSAI) |
| Form Type | 8-K |
| Filed Date | Dec 18, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $40,000,000, $0.0001, $3,500,000, $0.75, $1,111 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-K, company-name-change
Related Tickers: CLOUD
TL;DR
Cloudastructure signed a big deal on 12/15/25, filed 8-K.
AI Summary
Cloudastructure, Inc. filed an 8-K on December 18, 2025, reporting a material definitive agreement entered into on December 15, 2025. The filing also includes financial statements and exhibits. The company was formerly known as Connexed Technologies Inc. before changing its name on June 19, 2017.
Why It Matters
This 8-K filing indicates a significant new agreement for Cloudastructure, Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing reports a material definitive agreement, which could carry significant implications for the company's future, but the specifics of the agreement are not detailed in this initial report.
Key Players & Entities
- CLOUDASTRUCTURE, INC. (company) — Registrant
- Connexed Technologies Inc. (company) — Former Company Name
- December 15, 2025 (date) — Date of earliest event reported
- December 18, 2025 (date) — Date of report
- 001-42494 (other) — Commission File Number
- 87-0690564 (other) — I.R.S. Employer Identification No.
FAQ
What is the nature of the material definitive agreement entered into by Cloudastructure, Inc. on December 15, 2025?
The filing does not specify the details of the material definitive agreement, only that one was entered into on December 15, 2025.
When was Cloudastructure, Inc. formerly known as Connexed Technologies Inc.?
The company changed its name from Connexed Technologies Inc. on June 19, 2017.
What is the principal executive office address for Cloudastructure, Inc.?
The address of the principal executive offices is 228 Hamilton Road, Palo Alto, California, 94301.
What is the Commission File Number for Cloudastructure, Inc.?
The Commission File Number for Cloudastructure, Inc. is 001-42494.
What is the filing date of this 8-K report?
This 8-K report was filed on December 18, 2025.
Filing Stats: 1,366 words · 5 min read · ~5 pages · Grade level 12.7 · Accepted 2025-12-18 15:05:46
Key Financial Figures
- $40,000,000 — Streeterville agreed to purchase up to $40,000,000 of the Company's Series 2 Convertible P
- $0.0001 — Convertible Preferred Stock, par value $0.0001 per share (the " Series 2 Stock "). The
- $3,500,000 — 5, 2025, and received gross proceeds of $3,500,000. Pursuant to the Supplemental Terms, th
- $0.75 — sion Price (defined below) of less than $0.75 per share prior to 20 days following th
- $1,111 — stated value (the " Stated Value ") of $1,111, subject to an automatic 10% increase u
- $10.00 — version price (" Conversion Price ") is $10.00 per share of Class A common stock, subj
Filing Documents
- cloudastructure_8k.htm (8-K) — 39KB
- cloudastructure_ex1001.htm (EX-10.1) — 14KB
- cloudastructure_ex1002.htm (EX-10.2) — 19KB
- 0001683168-25-009246.txt ( ) — 244KB
- csai-20251215.xsd (EX-101.SCH) — 3KB
- csai-20251215_lab.xml (EX-101.LAB) — 33KB
- csai-20251215_pre.xml (EX-101.PRE) — 22KB
- cloudastructure_8k_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. As disclosed in a Form 8-K filed by Cloudastructure, Inc. (the " Company ") on March 26, 2025, as amended by a Form 8-K/A on April 17, 2025, the Company entered into a Securities Purchase Agreement with Streeterville Capital, LLC (" Streeterville ") on March 21, 2025 (as subsequently modified and amended, the " Series 2 Agreement "), pursuant to which Streeterville agreed to purchase up to $40,000,000 of the Company's Series 2 Convertible Preferred Stock, par value $0.0001 per share (the " Series 2 Stock "). The Series 2 Stock is convertible into the Company's Class A common stock, par value $0.0001 per share (the " Class A Stock "), on the terms and subject to the limitations and conditions set forth in the Certificate of Designations of Preferences and Rights of Series 2 Convertible Preferred Stock (the " Certificate of Designations "). On December 15, 2025, the Company and Streeterville entered into a Supplemental Terms Agreement (the " Supplemental Terms ") pursuant to which the Company agreed to sell and issue to Streeterville, and Streeterville agreed to purchase from the Company, 3,500 shares of Series 2 Stock pursuant to the Series 2 Agreement (the " Tranche 3 Shares "). The Company issued the Tranche 3 Shares to Streeterville on December 15, 2025, and received gross proceeds of $3,500,000. Pursuant to the Supplemental Terms, the parties agreed that, upon the Company's delivery of the Tranche 3 Shares to Streeterville, Streeterville's reinvestment right pursuant to the Series 2 Agreement has been fully exercised and is of no further force or effect. In addition, pursuant to the Supplemental Terms, notwithstanding anything to the contrary in the Certificate of Designations, Streeterville will not have the right to convert any of the Tranche 3 Shares at a Conversion Price (defined below) of less than $0.75 per share prior to 20 days following the date that the daily volume weighted average price (VWAP)
02 Unregistered
Item 3.02 Unregistered Sales of Equity Securities. The information set forth in Item 1.01 of this Form 8-K is incorporated here by reference in its entirety. The sale of the Tranche 3 Shares to Streeterville was not registered under the Securities Act, or the securities laws of any state, and such shares were offered and issued in reliance on the exemption from registration under the Securities Act afforded by Section 4(a)(2) and Rule 506 of Regulation D promulgated thereunder. 3 Shares are convertible at any time at Streeterville's option into shares of Class A Stock equal to (1) the number of Tranche 3 Shares being converted multiplied by their then Stated Value (defined below) (the " Conversion Amount "), divided by (ii) the Conversion Price. Each Tranche 3 Share has a stated value (the " Stated Value ") of $1,111, subject to an automatic 10% increase upon the occurrence of an Event of Default (as defined in the Certificate of Designations). Prior to a Trigger Event (as defined in the Certificate of Designations) or an Event of Default, the conversion price (" Conversion Price ") is $10.00 per share of Class A common stock, subject to adjustment if the Company issues Class A common stock or rights to receive Class A common stock at a lower price (the " Fixed Conversion Price "). Following a Trigger Event or Event of Default, the Conversion Price is the lesser of the (i) Fixed Conversion Price, and (ii) greater of (x) 88% multiplied by the lowest daily VWAP of the Company's Class A Stock during the eight business day period prior to the measurement date, and (y) 20% of the "Minimum Price" as defined in Nasdaq Rule 5635 calculated as of the most recent date on which the Company issued Series 2 Stock. Notwithstanding the foregoing, no conversion of Series 2 Stock will be effected to the extent it would cause Streeterville alone, without aggregating with its affiliates, to beneficially own greater than 4.99%, and t
01 Financial
Item 9.01 Financial (c) Exhibits 10.1 Waiver Agreement between the Company and Streeterville Capital, LLC dated December 15, 2025 10.2 Supplemental Terms Agreement between the Company and Streeterville Capital, LLC dated December 15, 2025 104 Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document). 3 EXHIBIT INDEX Exhibit Number Document 10.1 Waiver Agreement between the Company and Streeterville Capital, LLC dated December 15, 2025 10.2 Supplemental Terms Agreement between the Company and Streeterville Capital, LLC dated December 15, 2025 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 18, 2025 CLOUDASTRUCTURE, INC. By: /s/ Greg Smitherman Greg Smitherman Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) 5