Debt Financings

UGI CORP /PA/ incurred senior notes of $125 million aggregate principal amount with certain persons (the "Utilities Note Purchasers") at 5.68% maturing November 15, 2035.

“and $125 million aggregate principal amount of 5.68% Senior Notes, Series B, with a maturity date of November 15, 2035 (the “Series B Notes,” and together with the Series A Notes, the “Notes")”

UGI CORP /PA/ incurred senior notes of $150 million aggregate principal amount with certain persons (the "Utilities Note Purchasers") at 5.10% maturing November 15, 2030.

“On July 18, 2025, UGI Utilities, Inc. (“UGI Utilities”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Utilities Note Purchase Agreement”) with certain persons (the “Utilities Note Purchasers”) relating to the private placement of $150 million aggregate principal amount of 5.10% Senior Notes, Series A, with a maturity date of November 15, 2030 (the “Series A Notes")”

TXNM ENERGY INC incurred senior notes of $154,300,000 aggregate principal amount with institutional accredited investors at 5.93% maturing July 31, 2045.

“$154,300,000 aggregate principal amount of its 5.93% First Mortgage Bonds, due July 31, 2045, Series 2025F”

TXNM ENERGY INC incurred senior notes of $100,000,000 aggregate principal amount with institutional accredited investors at 5.54% maturing July 31, 2037.

“$100,000,000 aggregate principal amount of its 5.54% First Mortgage Bonds, due July 31, 2037, Series 2025E”

TXNM ENERGY INC incurred senior notes of $240,000,000 aggregate principal amount with institutional accredited investors at 5.44% maturing July 31, 2035.

“$240,000,000 aggregate principal amount of its 5.44% First Mortgage Bonds, due July 31, 2035, Series 2025D”

TXNM ENERGY INC incurred senior notes of $245,000,000 aggregate principal amount with institutional accredited investors at 5.12% maturing July 31, 2032.

“$245,000,000 aggregate principal amount of its 5.12% First Mortgage Bonds, due July 31, 2032, Series 2025C”

TXNM ENERGY INC incurred senior notes of $245,000,000 aggregate principal amount with institutional accredited investors at 4.83% maturing July 31, 2030.

“On July 21, 2025, TXNM Energy, Inc.'s indirect wholly-owned subsidiary, Texas-New Mexico Power Company (“TNMP”), issued $245,000,000 aggregate principal amount of its 4.83% First Mortgage Bonds, due July 31, 2030, Series 2025B”

Propanc Biopharma, Inc. incurred convertible notes of $82,500 with an accredited investor at 10% per annum maturing September 15, 2025.

“Effective July 18, 2025, Propanc Biopharma, Inc. (the “Company”) issued a Promissory Note to an accredited investor (the “Investor”) in the aggregate principal amount of 82,500 (the “Note”), for a purchase price of $75,000.”

AH Realty Trust, Inc. incurred senior notes of $115.0 million at 5.57%, 5.78% and 6.09% per annum maturing July 22, 2028, July 22, 2030 and July 22, 2032.

“the Operating Partnership agreed to sell and the Purchasers agreed to purchase an aggregate of $115.0 million of the Notes, consisting of (a) $25.0 million aggregate principal amount of 5.57% Senior Notes, Series A, due July 22, 2028, (b) $45.0 million aggregate principal amount of 5.78% Senior Notes, Series B, due July 22, 2030 and (c) $45.0 million aggregate principal amount of 6.09% Senior Notes, Series C, due July 22, 2032”

Silver Point Specialty Lending Fund amended credit facility of up to $150,000,000 with Deutsche Bank AG New York Branch and Customers Bank at 3-Month SOFR plus a margin of 170 basis points per annum maturing April 17, 2031.

“and Customers Bank, as lenders. As a result of the Fund’s exercise of the increased facility amount, the Fund is permitted to borrow an amount under the Loan Agreement up to $150,000,000. Borrowings under the Loan Agreement accrue interest at a rate equal to 3-Month SOFR plus a margin of 170 basis points per annum on the drawn portion. The Fund also incurs a”

Crypto Co incurred loan of principal amount of 1.7 Bitcoin with Three Mile Creek Future LLC at No interest maturing January 10, 2026.

“The Crypto Company (the “Company”) borrowed funds from Three Mile Creek Future LLC (“TMCF”) and issued a Promissory Note (the “Note”) in the principal amount of 1.7 Bitcoin”

BlackSky Technology Inc. incurred senior notes of $185 million aggregate principal amount with U.S. Bank Trust Company, National Association at 8.25% per year maturing August 1, 2033.

“completed its previously announced private offering (the “Offering”) of $185 million aggregate principal amount of 8.25% Convertible Senior Notes due 2033”

Nuburu, Inc. incurred convertible notes of $172,700 face amount with 1800 Diagonal Lending LLC at bears interest at 10% maturing April 30, 2026.

“On July 21, 2025, the Company entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC (“Diagonal”), pursuant to which, in exchange for a capital infusion of $157,000, the Company issued to Diagonal a $172,700 face amount convertible promissory note (the “Diagonal Note”).”

Nuburu, Inc. incurred convertible notes of $150,000 face amount with Indigo Capital LP at bears no interest for so long as it is not in default maturing July 15, 2026.

“On July 16, 2025, Nuburu, Inc. (the “Company”), in exchange for a capital infusion of $150,000, issued to Indigo Capital LP (“Indigo”) a $150,000 face amount unsecured, convertible note (the “Indigo Note”).”

DevvStream Corp. incurred convertible notes of up to an aggregate of $300 million with Helena Global Investment Opportunities 1 Ltd. at 8% per annum maturing eighteenth month anniversary of the date of issuance.

“the Company may sell to the Buyers up to an aggregate of $300 million in newly issued senior secured convertible notes”

NEONC TECHNOLOGIES HOLDINGS, INC. incurred convertible notes of $5,000,000 with certain unaffiliated accredited investors maturing October 16, 2025 and October 18, 2025.

“connection with the Note Purchase Agreements, the Company issued Convertible Promissory Notes (the “Notes”) to the Investors in the aggregate principal amount of $5,000,000. The Notes carry an original issue discount of twenty percent (20%). The Notes mature on October 16, 2025 and October 18, 2025 (the “Maturity Dates”). At the option of the”

Stonepeak-Plus Infrastructure Fund LP incurred revolving credit of $100 million with ING Capital LLC at Secured Overnight Financing Rate (SOFR) plus a spread of 2.40% per annum, or Ref maturing July 16, 2027.

“On July 16, 2025, an affiliate of Stonepeak-Plus Infrastructure Fund LP (the “Fund”) entered into a revolving credit agreement (the “Agreement”) pursuant to which the lenders and letter of credit issuers thereunder agreed to provide loans and letters of credit for up to an aggregate initial principal amount of $100 million subject to customary conditions.”

CONAGRA BRANDS INC. incurred senior notes of $500,000,000 with U.S. Bank Trust Company, National Association at 5.750% maturing August 1, 2035.

“On July 22, 2025, Conagra Brands, Inc. (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 5.000% Senior Notes due 2030 (the “2030 Notes”) and $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”

CONAGRA BRANDS INC. incurred senior notes of $500,000,000 with U.S. Bank Trust Company, National Association at 5.000% maturing August 1, 2030.

“On July 22, 2025, Conagra Brands, Inc. (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 5.000% Senior Notes due 2030 (the “2030 Notes”) and $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”

PREFORMED LINE PRODUCTS CO incurred term loan of up to PLN100.3 million ($27.4 million) with Bank Polska Kasa Opieki Spółka Akcyjna (Bank Pekao S.A.) at one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum maturing January 31, 2035.

“On July 16, 2025, PLP Poland (Belos) S.A. ("PLP Poland"), a subsidiary of Preformed Line Products Company (the “Company”), entered into a non-revolving investment loan with Bank Polska Kasa Opieki Spółka Akcyjna ("Bank Pekao S.A.") to finance the construction of a new manufacturing plant. The loan is guaranteed by the Company and secured by the current manufacturing plant owned by PLP Poland, the plant under construction and all fixed assets within both plants. The loan allows for an amount up to PLN100.3 million ($27.4 million) and will bear interest at the one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum, unless the Company’s funded debt to Earnings before Interest, Taxes and Depreciation ratio exceeds 3.0 to 1, at which point the WIBOR spread becomes 1.5%. The loan agreement also contains, among other provisions, requirements for maintaining levels of net worth and profitability. The maturity date of the loan is January 31, 2035 and is payable in annual installm”

INNOVATIVE SOLUTIONS & SUPPORT INC incurred credit facility of up to USD $100.0 million with JPMorgan Chase Bank, N.A. at Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margi maturing five years following the date of the initial advance.

“On July 18, 2025, Innovative Solutions and Support, Inc. (the “Company”), its wholly-owned subsidiary Innovative Solutions and Support, LLC (“Borrower”) and certain domestic subsidiaries entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Bank”) and the other lender parties thereto, which Credit Agreement provides for the Bank to extend to the Borrower credit facilities in an aggregate principal amount of up to USD $100.0 million (the “Credit Facilities”)”

AECOM incurred senior notes of $1,200,000,000 with U.S. Bank Trust Company, National Association at 6.000% per annum maturing August 1, 2033.

“completed an offering of $1,200,000,000 aggregate principal amount of its 6.000% Senior Notes due 2033”

ASBURY AUTOMOTIVE GROUP INC incurred term loan of $546,528,750 with Wells Fargo Bank, National Association at SOFR plus 2% per annum or Base Rate plus 1% per annum maturing ten years from the initial funding date.

“On July 21, 2025, certain subsidiaries of Asbury Automotive Group, Inc. (the “Company”) borrowed $546,528,750 (the “Real Estate Facility”) under a real estate term loan credit agreement, dated as of July 21, 2025 (the “Real Estate Credit Agreement”) by and among the Company, certain of the Company’s subsidiaries that own or lease the real estate financed thereunder, as borrowers, Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and the various financial institutions parties thereto, as lenders (the “Lenders”).”

RBC Bearings INC incurred revolving credit of $200.0 million with Wells Fargo Bank, National Association, and the other members of the lender group maturing November 2026.

“On July 18, 2025 Roller Bearing Company of America, Inc. (“RBCA”), a subsidiary of RBC Bearings Incorporated, drew down $200.0 million on its $500.0 million revolving credit facility with Wells Fargo Bank, National Association, and the other members of the lender group (the “Revolver”), and used the money to pay a portion of the purchase price to acquire VACCO Industries.”

Super Micro Computer, Inc. incurred credit facility of $1,790,000,000 with MUFG Bank, Ltd., Crédit Agricole Corporate and Investment Bank, and certain other entities at Term SOFR plus 1.15% - 2.80% maturing terminable upon 30 days' notice or immediately upon a Termination Event.

“Pursuant to the Receivables Purchase Agreement, the Company may, subject to the terms and conditions set out therein, sell certain of its accounts receivable and related rights to the Purchasers (the “ Purchased Receivables ”). The Receivables Purchase Agreement provides for an uncommitted facility with an initial aggregate facility limit of $1,790,000,000.”

BTCS Inc. incurred convertible notes of $10,050,000 with two accredited investors at 6% per annum maturing 24 months from the closing date.

“On July 21, 2025, BTCS Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with two accredited investors (collectively the “Investors”), pursuant to which the Company will issue to the Investors 5% Original Issue Discount Senior Secured Convertible Notes (the “Notes”) in an aggregate principal amount of $10,050,000, for a purchase price of $9,547,500.”

Knight-Swift Transportation Holdings Inc. incurred credit facility of $2.5 billion with Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents at SOFR plus 1.55% for the 2025 Revolver and 2025 Term Loan A-1 and SOFR plus 1.425 maturing July 8, 2030 (2025 Revolver and 2025 Term Loan A-1); January 8, 2027 (2025 Term Loan A-2).

“On July 8, 2025 (the "Closing Date"), Knight-Swift Transportation Holdings Inc. (the "Company") entered into a $2.5 billion unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents (the "2025 Debt Agreement")”

Norwegian Cruise Line Holdings Ltd. incurred loan of $2,437,323,477.36 for Vessel 1 and $2,469,681,624.15 for Vessel 2 with Crédit Agricole Corporate and Investment Bank at fixed interest rate equal to the difference between 1.55% per annum and the SIME maturing twelfth anniversary of the delivery date of the relevant Ship.

“On July 17, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (“NCLH”), as guarantor, and its subsidiaries NCL NextGen Class I Ltd. and NCL NextGen Class II Ltd., as borrowers, entered into separate credit facility agreements (collectively, the “Credit Facilities”) with, among others, Crédit Agricole Corporate and Investment Bank, as facility agent, ECA agent and security agent, and certain banks and financial institutions from time to time party thereto as lenders, for the financing of two new cruise vessels to be purchased by NCL NextGen Class I Ltd. (“Vessel 1”) and NCL NextGen Class II Ltd. (“Vessel 2””

Cushman & Wakefield Ltd. amended credit facility of approximately $948 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 2.75% maturing January 2030.

“The Amendment repriced the Borrower’s Term Loan issued in October 2024 and due January 2030, reducing the applicable interest on the approximately $948 million of outstanding Term Loan by 50 basis points from Term SOFR plus 3.25% to Term SOFR plus 2.75%.”

Loop Media, Inc. faced acceleration on debt of three hundred sixty-one thousand eight hundred dollars ($361,800) with Cara Communications Corporation.

“Cara Communications Corporation (" CCC ") declaring the full amount owed to it under that certain Fee-Based License Agreement by and between the Company and CCC, dated January 20, 2023, as amended (the " License Agreement "), immediately due and payable within five (5) business days of the Notice. The amount owed to CCC under the License Agreement is three hundred sixty-one thousand eight hundred dollars ($361,800).”

IMAC Holdings, Inc. incurred loan of $350,000 with a certain lender maturing December 24, 2025.

“issued a promissory note (the “Note”) to a certain lender (the “Lender”) in the aggregate principal amount of $350,000 for an aggregate purchase price from the Lenders of $250,000. The Note is unsecured and matures on December 24, 2025.”

Wag! Group Co. faced acceleration on term loan of approximately $16.3 million.

“approximately $16.3 million of term loan borrowings (plus any accrued but unpaid interest in respect thereof) under the Financing Agreement”

Greenidge Generation Holdings Inc. incurred senior notes with Wilmington Savings Fund Society, FSB at 10.00% maturing 2030.

“On July 21, 2025, Greenidge Generation Holdings Inc. (the “Company”) issued New Notes”

Volato Group, Inc. incurred convertible notes of $3,000,000 with an institutional investor (Buyer) maturing July 21, 2026.

“On July 21, 2025, the parties consummated the closing of a third tranche and the Company issued to the Buyer a 10% original issue discount senior unsecured convertible promissory note, in an aggregate original principal amount of $3,000,000 (the “Third Tranche Note”), under the Securities Purchase Agreement.”

AVIS BUDGET GROUP, INC. amended credit facility of $1,148,846,850 with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto at secure overnight financing rate plus a margin of 2.50% per annum or an alternate maturing July 16, 2032.

“Agreement”). On the Closing Date, pursuant to the Tenth Amendment, the Borrower refinanced the existing tranche B term loans under the Sixth A&R Credit Agreement (of which $1,148,846,850 was outstanding immediately prior to the Closing Date) with repriced $1,148,846,850 tranche B term loans (the “New Tranche B Term Loans”). The New Tranche B Term Loans will mature”

ACURA PHARMACEUTICALS, INC incurred loan of $8,394,279 with Abuse Deterrent Pharma, LLC at 5.25%.

“On each of July 3, 2025 and July 18, 2025, we received loans of $100,000 from Abuse Deterrent Pharma, LLC ("AD Pharma"). These loans combined with previous loans made to the Company and combined with the $2,319,279 under the November 10, 2022 Amended Consolidated and Restated Secured Promissory Note, now has a principal balance of $8,394,279 with accrued interest of approximately $740,000 as of July 21 2025, and bears interest at 5.25% ("Note").”

EQUITY BANCSHARES INC incurred senior notes of $75 million at 7.125% Fixed-to-Floating Rate maturing mature on August 1, 2035.

“On July 17, 2025, Equity Bancshares, Inc. (the “Company”) completed an offering of $75 million in aggregate principal amount of its 7.125% Fixed-to-Floating Rate Subordinated Notes due 2035”

Sterling Real Estate Trust incurred revolving credit of $10,000,000 with Sterling Office and Industrial Properties, LLLP at 6.75%.

“On June 25, 2025, Sterling Real Estate Trust (the "Company"), through its operating partnership, Sterling Properties L.L.L.P. (the "Lender") entered into a promissory note with Sterling Office and Industrial Properties, LLLP (the "Borrower") pursuant to which the Borrower [has borrowed/borrow up to] the principal amount of $10,000,000 from the Lender. The Revolving Promissory Note bears a 6.75% interest rate.”

Adapti, Inc. incurred loan of $7,500,000 with BSG Holdings, LLC and JBAH Holdings, LLC at 5% per annum maturing June 30, 2030.

“participating promissory note having a principal amount of $7,500,000 (the “Note(s)”)”

Pacific Oak Strategic Opportunity REIT, Inc. amended loan of $10.0 million with Pacific Oak Capital Advisors, LLC at 10.0% per annum maturing the earlier of (i) the closing date of any sale of any or all of the common shares of Pacific Oak Residential Trust, Inc., (ii) June 30, 2028 or (iii) the date.

“declares the obligations under the Amended Loan Agreement due and payable after the occurrence of an event of default. It updates the total principal amount of the loan to $10.0 million, reflecting the $8.0 million in the Original Loan Agreement and the $2.0 million Loan Increase. The Amended Loan Agreement and related Pledge and Security Agreement by SOR PORT”

Medalist Diversified, Inc. incurred credit facility of $14,700,000 with Farmers and Merchants Bank of Long Beach at prime rate announced by the Lender, subject to a floor rate of 6.25%.

“On July 18, 2025, in connection with the completion of the acquisition discussed below, MDRR XXV Depositor 1, LLC, a Delaware limited liability company (the “Purchaser”), a wholly owned subsidiary of Medalist Diversified Holdings, LP, a Maryland limited partnership and the operating partnership (the “Operating Partnership”) of Medalist Diversified REIT, Inc. (the “Company”), entered into a Loan Agreement (the “Loan Agreement”) with Farmers and Merchants Bank of Long Beach (the “Lender”), for a line of credit in the maximum amount of $14,700,000 (the “Line of Credit”).”

IMAC Holdings, Inc. incurred loan of $84,000 maturing December 24, 2025.

“issued a promissory note (the “Note”) to a certain lender (the “Lender”) in the aggregate principal amount of $84,000 for an aggregate purchase price from the Lenders of $60,000. The Note is unsecured and matures on December 24, 2025.”

UPEXI, INC. incurred convertible notes of $151,169,169 with certain investors (the "Purchasers") at two percent (2%) per annum maturing second anniversary of the closing.

“the Company agreed to sell and issue to the Purchasers in a private placement offering (the “Note Offering”) secured convertible notes (the “Notes”) in exchange for locked and spot Solana in the aggregate, original principal amount of $151,169,169. The Notes mature on the second anniversary of the closing and bear interest at a rate of two percent (2%) per annum”

AST SpaceMobile, Inc. incurred credit facility of $550,000,000 with Sound Point Agency LLC at Term SOFR plus an applicable margin of 8.0% per annum or an alternate base rate maturing 60 months after the funding date if funding occurs on or prior to 6 months after March 5, 2025, (ii) 54 months after the funding date if funding occurs later th.

“On July 15, 2025, Spectrum USA I, LLC, (the “Borrower”), an indirect wholly owned subsidiary of AST SpaceMobile, Inc. (the “Company”), entered into a credit agreement (the “Credit Agreement”) with Sound Point Agency LLC, as administrative agent and collateral agent (the “Agent”), and the lenders from time to time party thereto. The Credit Agreement provides for a non-recourse senior secured delayed draw term loan facility in an aggregate principal amount of $550,000,000 (the “Facility”).”

CHURCH & DWIGHT CO INC /DE/ incurred revolving credit of $2.0 billion with Bank of America, N.A., as lead administrative agent at Term SOFR plus applicable margin ranging from 0.6250% to 1.125% per annum maturing July 17, 2030.

“unsecured revolving credit facility that was entered into on June 16, 2022. The aggregate commitments of the lenders under the Credit Agreement, as of the effective date, are $2.0 billion, with an option to increase such commitments to $2.75 billion pursuant to the terms therein. The revolving credit facility matures on July 17, 2030, unless extended. Capitalized”

ABEONA THERAPEUTICS INC. amended senior notes with Avenue Venture Opportunities Fund, L.P. at 13.5% to a fixed rate of 11.75% per annum.

“The Amendment reduces the interest rate for senior secured term loan owed under the Loan Agreement from 13.5% to a fixed rate of 11.75% per annum.”

GRAY MEDIA, INC amended revolving credit of $750,000,000 aggregate commitments under Revolving Credit Facility (increased by $50 million) with Wells Fargo Bank, National Association at SOFR plus 1.75%-2.75% or Base Rate plus 0.75%-1.75% maturing December 1, 2028.

“On July 18, 2025, the Company entered into a fifth amendment (the “ Fifth Amendment ”) to its Fifth Amended and Restated Credit Agreement (as amended, including by the Fifth Amendment, the “ Senior Credit Facility ”), dated as of December 1, 2021, by and among the Company, the guarantors party thereto, Wells Fargo Bank, National Association (“ Wells Fargo ”), as administrative agent, and the other agents and lenders party thereto. The Fifth Amendment, among other things, (i) increases the aggregate commitments under the Revolving Credit Facility by $50 million, resulting in aggregate commitments under the Revolving Credit Facility of $750 million, and (ii) extends the maturity date of the Revolving Credit Facility from December 1, 2027 to December 1, 2028.”

GRAY MEDIA, INC incurred senior notes of $900,000,000 with U.S. Bank Trust Company, National Association at 9.625% maturing July 15, 2032.

“On July 18, 2025, Gray Media, Inc. (“ Gray ”, “ we ” or the “ Company ”) issued $900,000,000 in aggregate principal amount of its 9.625% Senior Secured Second Lien Notes due 2032 (the “ Notes ”) pursuant to an indenture, dated as of July 18, 2025, between Gray, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee and collateral agent (the “ Indenture ”).”

FLEX LTD. incurred revolving credit of $2.75 billion with Bank of America, N.A. at Term SOFR plus an applicable margin ranging between 1.00% and 1.750% per annum maturing July 15, 2030.

“On July 15, 2025 (the “Closing Date”), Flex Ltd. (the “Company”), as borrower, entered into a new $2.75 billion Credit Agreement (the “New Credit Facility”) with Bank of America, N.A., as Administrative Agent, L/C issuer and Swing Line Lender”

LIBERTY STAR URANIUM & METALS CORP. incurred convertible notes of $79,200 with 1800 Diagonal Lending LLC. at 8%, with a 10% Original Issue Discount maturing April 30, 2026.

“to the terms of the Securities Purchase Agreement, the Company agreed to issue a convertible promissory note (the “Note”) to 1800 Diagonal in the aggregate principal amount of $79,200. Effective July 14, 2025, the Company issued the Note to 1800 Diagonal consistent with the terms of the Securities Purchase Agreement. The Note bears interest at 8%, with a 10%”