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Viking Global Technologies, Inc. (CEIN) Form 8-K — Oct 2, 2026

$CEINForm 8-KItems 1.01, 2.03, 9.01Filed Oct 2, 2026, 5:00 PM ET0001477932-26-006028Original filing

Viking Global Technologies amended its $1.2 million convertible note with FK Venture LLC at maturity, extending the due date to April 1, 2027. The conversion price is $0.15 per share, but drops to $0.02 per share if the company receives an unremedied default notice from its senior secured lender — a punitive downside tied to its existing debt stack. Separately, subsidiary Viking Protection Systems, LLC borrowed $300,000 from Raymond and Victoria Menna via a short-term note maturing December 31, 2026, with a fixed 10% ($30,000) interest charge. CEO James A.

Key figures

Interest Rate
10%
Maturity Date
April 1, 2027 (FK Note); December 31, 2026 (VPS Note)
Fk note principal
1200000
Prior fk maturity
September 30, 2026
Vps fixed interest
30000
Vps note principal
300000
Fk conversion price no default
$0.15 per share
Fk conversion price senior default
$0.02 per share

AI analysis

Red flags5 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.