# Kinetic Seas Inc. (KSEZ) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_c8afe1ad4ddc0309d18c · retrieved 2026-08-11T16:03:12.072Z

## Overview
Kinetic Seas Inc. is a blank check company incorporated in Colorado.

On July 8, 2026, Kinetic Seas Inc. issued a 6% Convertible Redeemable Note with a principal amount of $210,000 to CFI Capital LLC pursuant to a Securities Purchase Agreement. The note was issued with a $21,000 original issue discount, resulting in net proceeds of $189,000. The note matures on July 8, 2027, bears interest at 6% per annum payable in common stock, and is convertible at the holder's option beginning six months after issuance at a conversion price equal to 60% of the lowest trading price during the twenty trading days preceding conversion (or 50% during a DTC "Chill"). The company reserved 49,857,550 shares for conversion and agreed to maintain a reserve equal to at least five times the conversion amount.

## Terms
- Counterparty: CFI Capital LLC · Deal value: $210,000 · Consideration: cash

## Key dates
- Announced 2026-07-28 · Expiry 2027-07-08

## Timeline
- 2026-07-28 · 8-K (0001683168-26-005793): 8-K - Kinetic Seas Inc. — *Kinetic Seas Inc. is a blank check company incorporated in Colorado.* On July 8, 2026, Kinetic Seas Inc. issued a 6% Convertible Redeemable Note with a principal amount of $210,000 to CFI Capital LLC pursuant to a Securities Purchase Agreement. The note was issued with a $21,000 original issue discount, resulting in net proceeds of $189,000. The note matures on July 8, 2027, bears interest at 6% per annum payable in common stock, and is convertible at the holder's option beginning six months after issuance at a conversion price equal to 60% of the lowest trading price during the twenty trading days preceding conversion (or 50% during a DTC "Chill"). The company reserved 49,857,550 shares for conversion and agreed to maintain a reserve equal to at least five times the conversion amount.
  https://www.sec.gov/Archives/edgar/data/1945619/0001683168-26-005793.txt

## Citations
- 0001683168-26-005793 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000168316826005793