CLOUDASTRUCTURE, INC. (CSAI) Form 8-K — Jul 6, 2026
Cloudastructure, Inc. entered into an Exchange Agreement with Streeterville Capital, LLC to exchange 1,170 shares of Series 2 Convertible Preferred Stock for a Promissory Note with an original principal amount of $1,299,870. The exchange was completed on June 30, 2026, and was effected in reliance on the exemption from registration under Section 3(a)(9) of the Securities Act of 1933. Concurrently, the Company filed an Amended and Restated Certificate of Designations for its Series 2 Preferred Stock to cause the shares to be classified as equity under U.S.
Key figures
- Debt Amount
- 1299870
- Interest Rate
- 9.5%
- Maturity Date
- 2027-07-30
- Shares Exchanged
- 1170
- Fixed Conversion Price
- 0.4
- Preferred Stated Value
- 1111
Price after filing
Close on the filing date to close N calendar days later (from $10.83). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.