Wytec International Secures Over $140,000 in New Debt Financing from Labrys Fund and 1800 Diagonal Lending

Wytec International Inc Ordinary Shares Delist

Wytec International Inc Ordinary Shares

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Wytec International Inc. has entered into two new financing agreements. On December 10, 2025, Wytec closed a securities purchase agreement with Labrys Fund II, L.P., under which Wytec issued a promissory note for $74,750, featuring an original issue discount of $9,750 and a one-time 12% interest charge applied on issuance. The note is scheduled for amortization payments between June and November 2026, with the remaining balance due in December 2026. Labrys may require up to 25% of Wytec's cash proceeds exceeding $500,000 from specified sources to be used for repayment and holds a conversion right to Wytec's common stock in the event of default, subject to a 4.99% ownership cap. Additionally, on December 12, 2025, Wytec finalized a separate agreement with 1800 Diagonal Lending LLC, issuing a $65,500 promissory note, also featuring an original issue discount and a one-time 12% interest charge. Both agreements contain customary terms and provide for early repayment options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wytec International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-009189), on December 16, 2025, and is solely responsible for the information contained therein.
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