Cloudastructure, Inc.: exchanges $63,332.50 note for 18,246 shares

What happened Cloudastructure, Inc. reported that on Sep 28, 2026 it entered into an Exchange Agreement with Streeterville Capital, LLC to partition a new promissory note in the original principal amount of $63,332.50 (the "Partitioned Note") from a Promissory Note dated Jun 30, 2026 in the original principal amount of $1,299,870.00 and to exchange the Partitioned Note for 18,246 shares of the Company's Class A common stock. Streeterville agreed to surrender the Partitioned Note in exchange for the Exchange Shares, and on the Free Trading Date the Partitioned Note will be cancelled and the Company's obligations under it deemed fulfilled.

Key details

• Partitioned Note principal: $63,332.50; exchanged for 18,246 shares of Class A common stock (par value $0.0001 per share).
• Original Note referenced: dated Jun 30, 2026 with original principal $1,299,870.00; outstanding balance reduced by $63,332.50.
• No additional consideration was paid by Streeterville in connection with the exchange.
• The exchange was effected in reliance on the exemption from registration under Section 3(a)(9) of the Securities Act.

Why it may matter This filing reports Item 1.01 (entry into a material definitive agreement) and Item 3.02 (unregistered sale of equity securities), covering the Exchange Agreement and the unregistered exchange of the Partitioned Note for Exchange Shares. A filing does not show why the insider traded or why the company acted.