Streeterville Claims 10% Note Balance Hike (~$742K) Over Dune Deal; Eva Live Disputes
GOAI is trading near its 52-week low of $1.01 (0.8% above the low).
Summary
Eva Live disclosed that Streeterville Capital claims a 10% increase (~$741,786) to two secured convertible notes over an alleged consent violation tied to the Dune Equity Holdings deal. Eva Live disputes the claim and says no default has been declared.
Key Events · Legal and Risk Events · GOAI
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Lender Asserts Note Trigger Event
In its October 20, 2026 Notice, Streeterville Capital claims the October 2, 2026 Dune Equity Holdings transaction was a 'Restricted Issuance' made without the required prior written consent under the February and July secured convertible notes.
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Note Balances Raised 10%
Streeterville applied the Trigger Effect, lifting each note's Outstanding Balance by 10% effective October 2, 2026. Eva Live estimates the aggregate increase at approximately $741,786, from approximately $7,417,857 to approximately $8,159,643 ($522,302 on the February Note, $219,483 on the July Note).
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Company Disputes Claim
Eva Live disputes whether the Dune transaction is a Restricted Issuance, whether a Trigger Event occurred, and whether the increase was validly applied; it reserves all rights and may negotiate or litigate.
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No Default Declared Yet
As of the filing, Streeterville has not delivered a demand to cure or declared an Event of Default, though it reserves all rights and remedies under the notes.
Analysis · GOAI · Technology
A secured lender is trying to add roughly $741,786 to Eva Live's debt, arguing that the company issued securities to Dune Equity Holdings without the consent its notes required. That is real money for a company that already warned in August it had about three months of cash and carried a going concern warning. Eva Live says the claim is invalid and is fighting it, but if Streeterville prevails the balance grows from about $7.42M to about $8.16M, and the lender has reserved all remedies, including a possible default declaration. The dispute also clouds the Dune financing that was supposed to provide liquidity.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 36.2% of the 898 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.75%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GOAI was trading at $1.02 on NASDAQ in the Technology sector, with a market capitalization of approximately $41M. The 52-week trading range was $1.01 to $18.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.