Wytec International Enters Material Definitive Agreement

TL;DR

Wytec just signed a big deal creating a financial obligation. Details in the filing.

AI Summary

Wytec International, Inc. entered into a material definitive agreement on October 15, 2025. This agreement creates a direct financial obligation for the registrant. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates Wytec International has entered into a significant agreement that will create a financial obligation, potentially impacting its financial health and future operations.

Risk Assessment

Risk Level: medium — Entering into new material definitive agreements and financial obligations can introduce financial risks and uncertainties for a company.

Key Players & Entities

• Wytec International, Inc. (company) — Registrant
• October 15, 2025 (date) — Date of earliest event reported
• Nevada (jurisdiction) — State of incorporation
• San Antonio, Texas (location) — Principal executive offices location

FAQ

Key Financial Figures

• $94,300 — missory note in the principal amount of $94,300 (the "Note"). The Note included an orig
• $12,300 — included an original issue discount of $12,300 and was purchased for an aggregate of $
• $82,000 — 0 and was purchased for an aggregate of $82,000. A one-time interest charge of 12% was
• $11,316 — uance date of the Note in the amount of $11,316. The Note has a maturity date of August
• $52,808 — ust 15, 2026 and is payable as follows: $52,808 on April 15, 2026; $13,202 on May 15, 2
• $13,202 — as follows: $52,808 on April 15, 2026; $13,202 on May 15, 2026; $13,202 on June 15, 20

Filing Documents

• wytec_8k.htm (8-K) — 32KB
• wytec_ex1001.htm (EX-10.1) — 69KB
• wytec_ex1002.htm (EX-10.2) — 88KB
• 0001683168-25-007683.txt ( ) — 389KB
• wytc-20251015.xsd (EX-101.SCH) — 3KB
• wytc-20251015_lab.xml (EX-101.LAB) — 33KB
• wytc-20251015_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 1800 Diagonal Lending LLC, a Virginia limited liability company ("1800 Diagonal"), which closed on October 15, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $94,300 (the "Note"). The Note included an original issue discount of $12,300 and was purchased for an aggregate of $82,000. A one-time interest charge of 12% was applied to the principal amount on the issuance date of the Note in the amount of $11,316. The Note has a maturity date of August 15, 2026 and is payable as follows: $52,808 on April 15, 2026; $13,202 on May 15, 2026; $13,202 on June 15, 2026; $13,202 on July 15, 2026; and $13,202 on August 15, 2026. Wytec has the right to prepay the Note in full at any time with no prepayment penalty and will receive a discount on the prepayment amount, ranging from 2% to 5%, if Wytec prepays the Note within 180 calendar days following the issuance date of the Note. The SPA contains customary terms and conditions. In the event of a default on the Note, the outstanding principal and accrued and unpaid interest amount of the Note will be increased by 150% and the Note will accrue interest at a rate of 22% per annum. Additionally, in the event of a default on the Note, 1800 Diagonal will have the option, exercisable in its sole discretion, to convert the Note 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 ten trading day period ending on the latest completed trading day prior to the conversion date; provided, however, at no time may the Note be converted into shares of Wytec's common stock if such conversion would result in 1800 Diagonal and its affiliates owning an aggregate of more than 4.99% of the then outstanding shares of Wytec's common stock. The ab

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 14, 2025. 10.2 Promissory Note, dated October 14, 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 21, 2025 /s/ William H. Gray William H. Gray, Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR