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WYTEC INTL INC 8-K Filings

WYTC OTC

Every 8-K that WYTEC INTL INC (WYTC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow WYTC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WYTC filings page.

Rhea-AI Summary

Wytec International, Inc. amended its outstanding convertible debt with 11 noteholders, effective as of January 1, 2026. The company extended the maturity of $490,000 in 9.5% secured convertible notes and $50,000 in unsecured convertible notes from December 31, 2025 to December 31, 2026, and waived any related defaults. The amended secured notes include $125,000 held by director Christopher Stuart. In return, Wytec extended the expiration of warrants issuable on conversion to December 31, 2026 and reset their exercise price to $1.50 per share, with a future adjustment tied to 85% of the 10‑day moving average once the stock trades on the NASDAQ Capital Market or an equivalent market.

Rhea-AI Summary

Wytec International, Inc. amended a previously issued unsecured promissory note originally for $625,000 held by director Christopher Stuart. The amendment waives any default under the note and permits Wytec to extend the maturity date by eleven additional six‑month periods instead of nine.

As consideration for this amendment, Wytec issued Mr. Stuart 124,000 warrants, each exercisable for one share of common stock at an exercise price of $1.50 per share until December 31, 2026. Ten days after Wytec’s common stock begins trading on the NASDAQ Capital Market or an equivalent or higher market, the warrant exercise price will reset to the greater of $1.50 per share or 85% of the 10‑day moving average of Wytec’s public trading price on the market with the highest volume.

The warrants were issued in a private transaction relying on Rule 506(b) of Regulation D, with no cash proceeds to Wytec; the sole consideration was Mr. Stuart’s agreement to the extended maturity terms of the note.

Rhea-AI Summary

Wytec International, Inc. entered a securities purchase agreement with 1800 Diagonal Lending LLC and issued a $71,300 promissory note that closed on March 3, 2026. The note was sold at a discount for $62,000, includes a $8,556 one-time 12% interest charge, and matures on December 30, 2026 with five scheduled payments from August through December 2026.

Wytec can prepay the note in full at any time without penalty and receive a 2–5% discount if prepaid within 180 days of issuance. On default, the outstanding principal plus accrued interest increase by 150% and begin accruing at 22% annual interest. In a default, 1800 Diagonal may instead convert the debt into common stock at 65% of the lowest trading price over the prior ten trading days, subject to a 4.99% ownership cap on Wytec’s outstanding shares.

Rhea-AI Summary

Wytec International, Inc. reports an update on a previously disclosed cybersecurity incident that occurred on August 25, 2025, when a bad actor repeatedly defaced its website at wytecintl.com. The company took the website down the same day, used a temporary page, and reviewed its web platform before rebuilding.

Wytec states it has restored impacted IT systems and data and is now only dealing with minor operational effects. Authorities have closed their investigation without identifying the source. The company believes the incident’s impacts are mainly costs to rebuild the website on a new server and hosting platform and to enhance security protocols.

Rhea-AI Summary

Wytec International, Inc. reported that its board approved extensions of two existing stock purchase warrants held by senior executives as a form of compensation for their contributions during the 2025 fiscal year. The warrant held by chief executive officer and president William H. Gray, allowing him to purchase up to 2,000,000 shares of common stock, had its expiration date moved from December 31, 2025 to December 31, 2026. A smaller warrant held by director of operations and corporate secretary Erica Perez, covering up to 25,000 shares of common stock, was also extended on the same terms, with the expiration date similarly pushed from December 31, 2025 to December 31, 2026. These actions do not create new warrants but give the existing holders more time to exercise their current rights.

Rhea-AI Summary

Wytec International, Inc. disclosed that it entered into two securities purchase agreements for promissory note financing with Labrys Fund II, L.P. and 1800 Diagonal Lending LLC.

The Labrys note has $74,750 principal with a $9,750 original issue discount, a one-time 12% interest charge of $8,970, and matures on December 5, 2026, with scheduled amortization payments from June through November 2026 and a final payment in December. On a missed payment or other event of default, Labrys may convert outstanding principal and interest into common stock at 65% of the lowest trading price over the prior 20 trading days, subject to a 4.99% ownership cap and a right to require partial repayment from specified cash proceeds above $500,000.

The 1800 Diagonal note has $65,500 principal with an $8,500 original issue discount, a one-time 12% interest charge of $7,860, and matures on October 15, 2026, payable in ten equal monthly installments of $7,336 starting January 15, 2026. Upon default, the outstanding amount increases by 150%, accrues interest at 22% per year, and may be converted into common stock at 65% of the lowest trading price over the prior ten trading days, also subject to a 4.99% ownership cap.

Rhea-AI Summary

Wytec International appointed BDO USA, P.C. as its independent registered public accounting firm effective November 1, 2025, following the resignation of Horne LLP after Horne’s partners and staff joined BDO. The Audit Committee approved the appointment.

Horne’s reports on Wytec’s financial statements for the years ended December 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications. The company reports no disagreements with Horne on accounting, disclosure, or audit scope through October 31, 2025. Wytec did not consult BDO on accounting matters before engagement. A letter from Horne is filed as Exhibit 16.1.

Rhea-AI Summary

Wytec International (WYTC) entered a securities purchase agreement with 1800 Diagonal Lending and closed the sale of a promissory note with principal of $94,300 for proceeds of $82,000. A one-time 12% interest charge of $11,316 was applied at issuance. The note matures on August 15, 2026 with scheduled payments of $52,808 on April 15, 2026 and $13,202 on each of May 15, 2026, June 15, 2026, July 15, 2026, and August 15, 2026.

Wytec may prepay at any time with no penalty and a 2%–5% discount if prepaid within 180 days of issuance. If a default occurs, the outstanding amount increases by 150% and interest accrues at 22% per annum. Upon default, 1800 Diagonal may convert amounts into common stock at 65% of the lowest trading price over the prior ten trading days, subject to a 4.99% beneficial ownership cap.

Rhea-AI Summary

Wytec International entered into a securities purchase agreement with Labrys Fund II, L.P., under which Wytec issued a promissory note with a principal amount of $180,550. The note carried an original issue discount of $23,550 and was purchased for $157,000, with a one-time 12% interest charge of $21,666 added at issuance.

The note matures on October 3, 2026, with scheduled amortization payments of $28,888 each month from April through September 2026 and the remaining balance due at maturity. If payments are missed or an event of default occurs, Labrys may convert amounts owed into common stock at 65% of the lowest trading price over the prior 20 trading days, subject to a 4.99% ownership cap.

Unpaid amounts accrue default interest at up to 22% per year. If Wytec raises more than $500,000 in specified cash proceeds before the note is repaid or converted, Labrys can require up to 25% of the excess to be used to repay the note. Wytec may prepay the note in full with a minimal discount and no penalty within 181 days of issuance.