WYTC Wytec International Inc - 8-K

Item 1.01.

Entry into a Material Definitive Agreement.

On March 24, 2026, effective
as of February 13, 2026, Wytec International, Inc., a Nevada corporation (“Wytec”), entered into an amendment (the “Amendment”)
to that certain unsecured promissory note, dated as of February 25, 2020, as amended on August 13, 2022, February 5, 2024, and December
31, 2024, in the original principal amount of $625,000, issued by Wytec to Mr. Christopher Stuart, a director of Wytec (the “Note”)
in order to (i) waive any default with respect to the Note and (ii) allow Wytec to extend the maturity date of the Note by eleven (11)
additional six month periods instead of nine (9) additional six month periods. In consideration for the Amendment, Wytec issued to Mr.
Stuart 124,000 warrants (the “Warrants”) to purchase up to 124,000 shares of Wytec’s common stock. The Warrants are
exercisable until December 31, 2026 at an exercise price of $1.50 per share, provided that, ten (10) days after Wytec’s common stock
commences trading on the NASDAQ Capital Market (or an equivalent or higher public securities trading market), the exercise price will
automatically adjust to the greater of (i) $1.50 per share or (ii) eighty-five percent (85%) of the 10-day moving average of Wytec’s
then current public trading price as quoted on the market with the highest volume.

The foregoing description
is qualified in its entirety by reference to the full text of the Amendment and the Warrant, filed herewith as Exhibit 10.1 and Exhibit
4.1, respectively, which are incorporated by reference into this Item 1.01.

SECTION 2. FINANCIAL INFORMATION

Item 2.03.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of
a Registrant.

The information set forth
in Item 1.01 is incorporated herein by reference.

SECTION 3. SECURITIES AND TRADING
MARKETS

Item 3.02.

Unregistered Sales of Equity Securities.

On March 24, 2026, in connection
with the Amendment, Wytec issued the Warrants described above in Item 1.01 to Mr. Stuart. The issuance was made in reliance on the exemption
from registration under Rule 506(b) of Regulation D of the Securities Act of 1933, as amended. Wytec received no cash proceeds from the
issuance of the Warrants. The sole consideration was Mr. Stuart’s agreement to the extension of the maturity date of the Note.

SECTION 9. FINANCIAL STATEMENTS, PRO FORMA
FINANCIALS & EXHIBITS

Item 9.01.

Financial Statements and Exhibits.

(d)       Exhibits

4.1

Christopher Stuart Warrant, dated March 24, 2026

10.1

Amendment to Promissory Note, dated March 24, 2026, effective as of February 13, 2026, by and between Wytec International, Inc. and Christopher Stuart

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Cover Page Interactive Data File (embedded within the inline XBRL Document).

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