Material Agreement, Financial Obligation (Form 8-K)

Wytec International, Inc., a Nevada corporation ("Wytec"), entered into a securities purchase agreement (the "SPA") with 1800 Diagonal Lending LLC, a Virginia limited liability company ("1800 Diagonal"), which closed on October 15, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $94,300 (the "Note"). The Note included an original issue discount of $12,300 and was purchased for an aggregate of $82,000. A one-time interest charge of 12% was applied to the principal amount on the issuance date of the Note in the amount of $11,316. The Note has a maturity date of August 15, 2026 and is payable as follows: $52,808 on April 15, 2026; $13,202 on May 15, 2026; $13,202 on June 15, 2026; $13,202 on July 15, 2026; and $13,202 on August 15, 2026. Wytec has the right to prepay the Note in full at any time with no prepayment penalty and will receive a discount on the prepayment amount, ranging from 2% to 5%, if Wytec prepays the Note within 180 calendar days following the issuance date of the Note. The SPA contains customary terms and conditions.

In the event of a default on the Note, the outstanding principal and accrued and unpaid interest amount of the Note will be increased by 150% and the Note will accrue interest at a rate of 22% per annum. Additionally, in the event of a default on the Note, 1800 Diagonal will have the option, exercisable in its sole discretion, to convert the Note into shares of Wytec's common stock at a conversion price per share equal to 65% the lowest trading price of Wytec's common stock during the ten trading day period ending on the latest completed trading day prior to the conversion date; provided, however, at no time may the Note be converted into shares of Wytec's common stock if such conversion would result in 1800 Diagonal and its affiliates owning an aggregate of more than 4.99% of the then outstanding shares of Wytec's common stock.

The above description of the SPA and Note is not complete and is qualified in its entirety by the full text of the SPA and Note, filed herewith as Exhibits 10.1 and 10.2, 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 by reference in its entirety into this Item 2.03.

SECTION 9. FINANCIAL STATEMENTS, PRO FORMA FINANCIALS & EXHIBITS