Eva Live says lender Streeterville has raised its note balances by 10%, about $742,000, over a share deal with Dune Equity

Eva Live Inc. (Nasdaq: GOAI, CIK 1983736) has disclosed that its lender, Streeterville Capital, LLC, has declared a trigger event under two secured convertible notes and increased their outstanding balances by 10% with effect from 2 October 2026 (Form 8-K, Item 2.04, filed 26 October 2026).

The notes were issued on 23 February 2026, with original principal of $7,560,000, and on 23 July 2026, with original principal of $2,160,000 (Form 8-K, 26 October 2026).

In a letter received on 20 October 2026, Streeterville asserted that a securities purchase agreement Eva Live signed with Dune Equity Holdings LLC on 2 October 2026 was a "Restricted Issuance" under the notes, made without the prior written consent the purchase agreements require. It said a "Major Trigger Event" had occurred under each note and that it had elected the "Trigger Effect" (Form 8-K, 26 October 2026).

Eva Live estimates that the combined outstanding balance rose from about $7,417,857 to about $8,159,643, an increase of about $741,786: roughly $522,302 on the February note and $219,483 on the July note. The letter itself did not state a dollar figure. The notes' payment, conversion and other terms are otherwise unchanged (Form 8-K, 26 October 2026).

The company says Streeterville has not served a demand to cure or declared an event of default, but has reserved all its rights and remedies. Eva Live disputes the notice, including whether the Dune agreement was a restricted issuance and whether the increase was validly applied, and says it is evaluating its options, which may include negotiation or legal proceedings (Form 8-K, 26 October 2026).

The filings do not state the size or terms of the Dune Equity Holdings agreement. Loro has made no approach to the company. Figures are as reported in Eva Live's SEC filings.