KIDZ AI issues $600K in senior secured notes, amends debt facility terms

Filed May 29, 2026 · Period ending May 30, 2025 · ~1 min read

Key Changes

• high

  Company sold $600,000 in senior secured convertible notes with 7% interest, convertible to Class B stock at 120% of prior day's closing price. Notes are secured by first-priority liens on all company assets including subsidiaries and cryptocurrency.

  Item 1.01 verify on EDGAR →
• medium

  Amended existing convertible note facility to require proceeds from future note sales be deposited in control account until company meets Available Cash Test, then usable for working capital or AI-related capital expenditures.

  Item 1.01 verify on EDGAR →
• low

  Company changed corporate name from Classover Holdings, Inc. to KIDZ AI Inc. effective May 26, 2026 via certificate of change to certificate of incorporation.

  Item 5.03 verify on EDGAR →