|8-KFeb 18, 5:00 PM ET

OneMeta Inc. 8-K

Research Summary

AI-generated summary

Updated

OneMeta Inc. Enters $200K Promissory Notes; Will Issue Shares as Interest

What Happened OneMeta Inc. filed an 8-K on February 18, 2026 reporting that it entered into two promissory notes with an aggregate principal amount of $200,000 and a maturity date of February 26, 2026. As interest on the Notes, the Company will issue 125,000 shares of restricted common stock to each note holder. The Notes create a direct financial obligation of the Company. A form of the promissory note is filed as Exhibit 4.1 to the report.

Key Details

  • Aggregate principal: $200,000 across two promissory notes; maturity date: February 26, 2026.
  • Interest in stock: 125,000 restricted common shares to each note holder upon issuance.
  • Accrual if unpaid: If principal and the shares are not paid at maturity, an additional 125,000 shares will accrue and become payable beginning the day after the maturity date and every three months thereafter for each unpaid note period.
  • Exhibit: Form of Promissory Note filed as Exhibit 4.1.

Why It Matters The filing establishes a short-term debt obligation and specifies stock issuance as interest, which can impact the company’s capital structure. For investors, key points to watch are the upcoming maturity (Feb 26, 2026) and potential share issuance/accruals if the obligations remain unpaid, which could dilute existing shareholders. The form of the note is available in the exhibit for investors who want the full contractual terms.