Eva Live Inc. filed a Form 8-K on November 6, 2026, disclosing a Forbearance Agreement entered into on November 5, 2026 with lender Streeterville Capital, LLC, covering two secured convertible promissory notes with an aggregate outstanding balance of $7,919,203.94, and separately announcing the launch of an AI-powered cryptocurrency trading platform.

Key Highlights

  • Forbearance Agreement signed November 5, 2026: Eva Live Inc. and Streeterville Capital, LLC agreed that the lender will permanently forbear from seeking to convert the Restricted Issuance Trigger into an Event of Default and irrevocably waive related claims.
  • Aggregate note balance of $7,919,203.94: The parties agreed the remaining balance is $5,637,774.51 under the February Note and $2,281,429.43 under the July Note, as of November 5, 2026.
  • Original notes: A Secured Convertible Promissory Note dated February 23, 2026 in the original principal amount of $7,560,000.00, and a Secured Convertible Promissory Note dated July 23, 2026 in the original principal amount of $2,160,000.00, both issued to Streeterville Capital, LLC.
  • Trigger event background: On October 20, 2026, the lender asserted a Major Trigger Event had occurred as of October 2, 2026, related to the Company entering into a financing transaction with Dune Equity Holdings LLC without the lender's prior consent, which the Company disputed.
  • Dune financing consent granted: The lender consented to any issuance of securities to Dune pursuant to the Dune financing transaction as in effect on the date of the Forbearance Agreement, and agreed no Trigger Event shall arise from such issuance.
  • Forbearance termination conditions: The Forbearance will terminate upon the occurrence of any subsequent Trigger Event not cured within five Trading Days after written notice from the lender, or immediately if the Trigger Event is not capable of cure.
  • EvaXCrypto platform launch announced: On November 5, 2026, the Company issued a press release announcing the launch of EvaXCrypto, described as "an AI-powered cryptocurrency trading software platform."

Eva Live and Streeterville Capital Resolve Disputed Trigger Event With Forbearance Agreement

According to the Form 8-K filed by Eva Live Inc. (NASDAQ:GOAI) with the Securities and Exchange Commission, the Company entered into a Forbearance Agreement with Streeterville Capital, LLC on November 5, 2026, resolving a dispute that arose from a financing transaction with Dune Equity Holdings LLC. The lender had previously asserted, via a notice delivered on October 20, 2026, that a Major Trigger Event had occurred under Section 4.1(h) of each Note as of October 2, 2026, and had elected to apply the Trigger Effect under Section 4.2 of the Notes, increasing the Outstanding Balance of each Note by ten percent (10%). The filing states the Company disputed those assertions.

Under the terms of the Forbearance Agreement, as disclosed in the filing, the lender agreed to permanently forbear from seeking to turn the Restricted Issuance Trigger into an Event of Default and to irrevocably waive any other existing or future claim in connection with that trigger. In turn, the Company ratified the Notes and acknowledged its obligation to pay the remaining balances: $5,637,774.51 under the February Note and $2,281,429.43 under the July Note, for an aggregate of $7,919,203.94 as of November 5, 2026. The filing notes that the Forbearance Agreement does not limit the lender's right to convert or redeem all or any portion of the Notes in accordance with their terms.

The filing also states that the Forbearance Agreement includes "customary representations, warranties and acknowledgments by the Company, including a waiver and release of any defenses, setoff rights and claims against the Lender under the Transaction Documents arising prior to its execution." Separately, the Company disclosed via a press release attached as Exhibit 99.1 the launch of EvaXCrypto, described in the filing as "an AI-powered cryptocurrency trading software platform." The full text of the Forbearance Agreement was filed as Exhibit 10.1.

What Was Disclosed

Eva Live Inc. disclosed a Forbearance Agreement with Streeterville Capital, LLC resolving a disputed Major Trigger Event, confirming aggregate note balances of $7,919,203.94 as of November 5, 2026, and separately announced the launch of the EvaXCrypto trading platform.