Wytec International Enters Material Definitive Agreement

TL;DR

Wytec just signed a big deal, creating new financial obligations.

AI Summary

Wytec International, Inc. entered into a material definitive agreement on October 6, 2025. This agreement also created a direct financial obligation for the registrant. The filing includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new agreement for Wytec International, potentially impacting its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to performance, financing, and market conditions.

Key Players & Entities

• Wytec International, Inc. (company) — Registrant
• October 6, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $180,550 — missory note in the principal amount of $180,550 (the "Note"). The Note included an orig
• $23,550 — included an original issue discount of $23,550 and was purchased for an aggregate of $
• $157,000 — 0 and was purchased for an aggregate of $157,000. A one-time interest charge of 12% was
• $21,666 — uance date of the Note in the amount of $21,666. The Note has a maturity date of Octobe
• $28,888 — ober 3, 2026 and is payable as follows: $28,888 on April 3, 2026, $28,888 on May 4, 202
• $500,000 — tec receives cash proceeds of more than $500,000 (the "Minimum Threshold") in the aggreg

Filing Documents

• wytec_8k.htm (8-K) — 33KB
• wytec_ex1001.htm (EX-10.1) — 172KB
• wytec_ex1002.htm (EX-10.2) — 124KB
• 0001683168-25-007472.txt ( ) — 569KB
• wytc-20251006.xsd (EX-101.SCH) — 3KB
• wytc-20251006_lab.xml (EX-101.LAB) — 33KB
• wytc-20251006_pre.xml (EX-101.PRE) — 22KB
• wytec_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. Wytec International, Inc., a Nevada corporation ("Wytec"), entered into a securities purchase agreement (the "SPA") with Labrys Fund II, L.P., a Delaware limited partnership ("Labrys"), which closed on October 6, 2025, pursuant to which Wytec sold Labry a promissory note in the principal amount of $180,550 (the "Note"). The Note included an original issue discount of $23,550 and was purchased for an aggregate of $157,000. A one-time interest charge of 12% was applied to the principal amount on the issuance date of the Note in the amount of $21,666. The Note has a maturity date of October 3, 2026 and is payable as follows: $28,888 on April 3, 2026, $28,888 on May 4, 2026, $28,888 on June 3, 2026, $28,888 on July 3, 2026, $28,888 on August 3, 2026, $28,888 on September 3, 2026, and all remaining outstanding amounts on October 3, 2026 (each an "Amortization Payment"). Wytec has the right, exercisable on three trading days prior written notice, to prepay the Note in full with a minimal discount and no prepayment penalty at any time prior to 181 calendar days following the issuance date of the Note. The SPA contains customary terms and conditions. Any principal amount or interest on the Note which is not paid when due will bear interest at the rate of the lesser of (i) twenty-two percent (22%) per annum or (ii) the maximum amount permitted by law. Additionally, if Wytec fails to pay an Amortization Payment when due or an Event of Default (as that term is defined in the Note) occurs, Labrys will have the right to convert all or any portion of the then outstanding and unpaid principal amount and interest into shares of Wytec's common stock at a conversion price per share equal to 65% the lowest trading price of Wytec's common stock during the 20 trading day period immediately preceding the conversion date; provided, however, at no time may the Note be converted into shares of Wytec's common stock if such conversion w

03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 is incorporated by reference in its entirety into this Item 2.03. SECTION 9. FINANCIAL STATEMENTS, PRO FORMA FINANCIALS & EXHIBITS

01 Financial Statements

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 Securities Purchase Agreement, dated October 3, 2025 . 10.2 Promissory Note, dated October 3, 2025 . 104 Cover Page Interactive Data File (embedded within the inline XBRL Document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. WYTEC INTERNATIONAL, INC. (Registrant) Date: October 9, 2025 /s/ William H. Gray William H. Gray, Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR