{"url_path":"/sec/wbsr/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/1645155/0001493152-26-024594-index.html","accession_number":"0001493152-26-024594","cik":"0001645155","ticker":"WBSR","issuer_name":"Webstar Technology Group Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1645155/0001493152-26-024594-index.html","primary_entity_key":"0001645155","primary_entity_name":"Webstar Technology Group Inc."},"word_count":155,"has_tables":true,"body_markdown":"**ITEM\n2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.**\n\n \n\nDuring\nthe three months ended March 31, 2026, the Company authorized convertible promissory notes bearing no interest and are due and payable\non various dates in July and September 2026 for aggregate gross proceeds of $24,000. The Notes allow for the Company to convert the outstanding\nprincipal amount into shares of the Company’s common stock should the Securities and Exchange Commission grant approval of the\nCompany’s Regulation A Tier II offering of $7.00 per share. The holders of the Notes have the right, at the holder’s option,\nto convert the principal amount of these notes, in whole or in part, into fully paid and nonassessable shares at a conversion price between\n$0.025 and $0.07 per share into the Company’s common stock before any public offering. During the three months ended March 31,\n2026, the Notes were converted into 471,429 of the Company’s common shares."}