Material Agreement, Financial Obligation, Private Placement (Form 8-K)

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

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

SECTION 3. SECURITIES AND TRADING MARKETS

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