Wytec International Enters Material Definitive Agreement
Ticker: WYTC · Form: 8-K · Filed: Dec 16, 2025 · CIK: 1560143
| Field | Detail |
|---|---|
| Company | Wytec International Inc (WYTC) |
| Form Type | 8-K |
| Filed Date | Dec 16, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $74,750, $9,750, $65,000, $8,970, $11,960 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Wytec just signed a big deal, expect financial moves.
AI Summary
Wytec International, Inc. announced on December 10, 2025, that it has entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits related to these events.
Why It Matters
This filing signals a significant new contractual commitment 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
- December 10, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- San Antonio, Texas (location) — Address of principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Wytec International, Inc.?
The filing states that Wytec International, Inc. entered into a material definitive agreement on December 10, 2025, but the specific details of the agreement are not provided in this summary.
What type of financial obligation has been created by Wytec International, Inc.?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant, but the specifics are not detailed here.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 10, 2025.
Where is Wytec International, Inc. headquartered?
Wytec International, Inc.'s principal executive offices are located at 19206 Huebner Road, Suite 202, San Antonio, Texas 78258.
What is the SIC code for Wytec International, Inc.?
The Standard Industrial Classification (SIC) code for Wytec International, Inc. is 4822, which corresponds to Telegraph & Other Message Communications.
Filing Stats: 1,323 words · 5 min read · ~4 pages · Grade level 11.1 · Accepted 2025-12-16 14:20:39
Key Financial Figures
- $74,750 — missory note in the principal amount of $74,750 (the "Labrys Note"). The Labrys Note in
- $9,750 — included an original issue discount of $9,750 and was purchased for an aggregate of $
- $65,000 — 0 and was purchased for an aggregate of $65,000. A one-time interest charge of 12% was
- $8,970 — ate of the Labrys Note in the amount of $8,970. The Labrys Note has a maturity date of
- $11,960 — mber 5, 2026 and is payable as follows: $11,960 on June 4, 2026, $11,960 on July 4, 202
- $500,000 — tec receives cash proceeds of more than $500,000 (the "Minimum Threshold") in the aggreg
- $65,500 — missory note in the principal amount of $65,500 (the "1800 Diagonal Note"). The 1800 Di
- $8,500 — included an original issue discount of $8,500 and was purchased for an aggregate of $
- $57,000 — 0 and was purchased for an aggregate of $57,000. A one-time interest charge of 12% was
- $7,860 — the 1800 Diagonal Note in the amount of $7,860. The 1800 Diagonal Note has a maturity
- $7,336 — ayable in ten equal monthly payments of $7,336, commencing on January 15, 2026. Wytec
Filing Documents
- wytec_8k.htm (8-K) — 37KB
- wytec_ex1001.htm (EX-10.1) — 175KB
- wytec_ex1002.htm (EX-10.2) — 126KB
- wytec_ex1003.htm (EX-10.3) — 70KB
- wytec_ex1004.htm (EX-10.4) — 87KB
- 0001683168-25-009189.txt ( ) — 777KB
- wytc-20251210.xsd (EX-101.SCH) — 3KB
- wytc-20251210_lab.xml (EX-101.LAB) — 33KB
- wytc-20251210_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 "Labrys SPA") with Labrys Fund II, L.P., a Delaware limited partnership ("Labrys"), which closed on December 10, 2025, pursuant to which Wytec sold Labrys a promissory note in the principal amount of $74,750 (the "Labrys Note"). The Labrys Note included an original issue discount of $9,750 and was purchased for an aggregate of $65,000. A one-time interest charge of 12% was applied to the principal amount on the issuance date of the Labrys Note in the amount of $8,970. The Labrys Note has a maturity date of December 5, 2026 and is payable as follows: $11,960 on June 4, 2026, $11,960 on July 4, 2026, $11,960 on August 4, 2026, $11,960 on September 4, 2026, $11,960 on October 4, 2026, $11,960 on November 4, 2026, and all remaining outstanding amounts on December 5, 2026 (each an "Amortization Payment"). Wytec has the right, exercisable on three trading days prior written notice, to prepay the Labrys 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 Labrys Note. The Labrys SPA contains customary terms and conditions. Any principal amount or interest on the Labrys 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 Labrys 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
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 with Labrys Fund II, L.P. 10.2 Promissory Note with Labrys Fund II, L.P. 10.3 Securities Purchase Agreement with 1800 Diagonal Lending LLC 10.4 Promissory Note with 1800 Diagonal Lending LLC 104 Cover Page Interactive Data File (embedded within the inline XBRL Document). 3
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: December 16, 2025 /s/ William H. Gray William H. Gray, Chief Executive Officer 4