New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
TERADYNE, INC incurred revolving credit of $185.0 million with Truist Bank.
“nt of Registrant As previously disclosed in Teradyne, Inc.’s (the “Company’s”) filings with the Securities and Exchange Commission, the Company is party to a credit agreement dated May 1, 2020 (as amended prior to the date hereof, the “Credit Agreement”) with Truist Bank, as administrative agent and collateral agent, and the lenders party thereto.”
Vitro Biopharma, Inc. incurred convertible notes of $375,000 aggregate principal amount, issued at $300,000 with 20% original issue discount with accredited investors at 20% per annum, accruing from earlier of maturity date or event of default, due f maturing May 16, 2024, extendable to August 16, 2024; or earlier upon a Liquidity Event.
“On May 13, 2024, Vitro BioPharma, Inc. (the “Company”) issued and sold to accredited investors, in a private placement, (i) senior secured convertible notes (the “Notes”) in the aggregate principal amount of $375,000, for an aggregate purchase price of $300,000 (reflecting a 20% original issue discount), and warrants to purchase shares of common stock of the Company (the “Warrants”), pursuant to a previously disclosed securities purchase agreement, dated November 16, 2023.”
Signing Day Sports, Inc. incurred convertible notes of $412,500 with FirstFire Global Opportunities Fund, LLC.
“On May 16, 2024, Signing Day Sports, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement, dated as of May 16, 2024 (the “FirstFire Purchase Agreement”), with FirstFire Global Opportunities Fund, LLC (the “Investor”) pursuant to which the Company is required to issue the Investor a senior secured convertible promissory note with principal of $412,500”
VIP Play, Inc. incurred debt of an additional $325,000 with Excel Family Partners, LLLP at 15.0% maturing upon demand.
“ine Of Credit Demand Note with Excel Family Partners, LLLP, a Florida limited liability limited partnership (“ Excel ”)”
StepStone Group Inc. amended revolving credit of $300,000,000 with JPMorgan Chase Bank, N.A. maturing 2029.
“The A&R Credit Agreement provides for certain modifications to the Existing Credit Agreement, including increasing the aggregate principal amount of the commitments thereunder to $300,000,000 (as such amount may be later increased from time to time in accordance with the terms of the A&R Credit Agreement), extending the maturity date of the revolving facility to 2029”
CARRIER GLOBAL Corp incurred revolving credit of $500 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR Rate plus 0.10% and a ratings-based margin maturing 364 days.
“On May 17, 2024, Carrier Global Corporation (the "Company") refinanced and replaced a Prior Credit Agreement (as defined below) by entering into a 364-day senior unsecured revolving credit agreement among the Company and Carrier Intercompany Lending Designated Activity Company as borrowers, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, facilitating borrowings of up to $500 million (the "Credit Agreement").”
Morgan Stanley Direct Lending Fund incurred senior notes of $350,000,000 with U.S. Bank Trust Company, National Association at 6.150% maturing May 17, 2029.
“On May 17, 2024, Morgan Stanley Direct Lending Fund (the "Company") and U.S. Bank Trust Company, National Association (the "Trustee") entered into a Second Supplemental Indenture (the "Second Supplemental Indenture" and, together with the Base Indenture (as defined herein), the "Indenture") related to the Company's issuance of $350,000,000 in aggregate principal amount of its 6.150% notes due 2029 (the "Notes")”
Lazydays Holdings, Inc. incurred loan of $15.0 million with Coliseum Holdings I, LLC.
“Pursuant to the Loan Agreement Amendment, on May 15, 2024 the Mortgage Lender advanced an additional $15.0 million mortgage loan (the “Advance”), increasing the aggregate principal amount of the mortgage loan advanced under the Amended Loan Agreement from $35.0 million to $50.0 million (the “Loan”).”
Lazydays Holdings, Inc. amended credit facility of $480.0 million with Manufacturers and Traders Trust Company at Applicable Rate for SOFR Borrowings shall be 3.40%.
“Loans will be available to the Credit Agreement Borrowers. ● The lenders’ aggregate commitment in respect of the Floor Plan Line of Credit is reduced from $525.0 million to $480.0 million. ● The Ratio Adjustment Period will not end until the Borrower Representative delivers a Compliance Certificate for the Fiscal Quarter ending June 30, 2025 that demonstrates”
Accenture plc incurred revolving credit of $5.5 billion senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at based on SOFR or a base rate, plus an applicable margin maturing five years from the date of the Credit Agreement.
“On May 14, 2024, Accenture plc (“Accenture”), as guarantor, and certain of Accenture’s subsidiaries, as borrowers (the “Borrowers”), entered into a credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), and the lenders named therein (the “Lenders”). The Credit Agreement provides for a $5.5 billion senior unsecured revolving credit facility with a term of five years from the date of the Credit Agreement”
Warner Bros. Discovery, Inc. incurred senior notes of €650,000,000 aggregate principal amount of its 4.302% Senior Notes due 2030 and €850,000,000 aggregate principal amount with WarnerMedia Holdings, Inc. at 4.302% per year and 4.693% per year maturing January 17, 2030 and May 17, 2033.
“On May 17, 2024, WarnerMedia Holdings, Inc. (“WMH”), a wholly-owned subsidiary of Warner Bros. Discovery, Inc. (“WBD”), completed its registered offering of €650,000,000 aggregate principal amount of its 4.302% Senior Notes due 2030 (the “2030 Notes”) and €850,000,000 aggregate principal amount of its 4.693% Senior Notes due 2033 (the “2033 Notes” and together with the 2030 Notes, the “Senior Notes”).”
BOEING CO incurred revolving credit of $4.0 billion with Citibank, N.A. at Adjusted Term SOFR plus between 1.200% and 1.650% per annum maturing May 15, 2029.
“On May 15, 2024, The Boeing Company (“Boeing”) entered into a $4.0 billion, five-year revolving credit agreement”
CIMPRESS plc amended credit facility with JPMorgan Chase Bank N.A. at SOFR plus 3.00% maturing May 17, 2028.
“Amendment 2 reduced the interest rate margin of the USD Tranche by 50 basis points, from SOFR plus 3.50% to SOFR plus 3.00%”
CNX Resources Corp incurred credit facility of $1.4 billion elected commitments under a new $2.25 billion borrowing base senior secured revolving credit facility; $600 with PNC Bank, National Association at SOFR plus margin ranging from 1.85% to 2.85% or base rate plus margin ranging fr maturing May 17, 2029.
“on May 17, 2029, with certain lenders and PNC Bank, National Association as administrative agent and collateral agent. The new senior secured revolving credit facility has a $2.25 billion borrowing base and $1.4 billion elected commitments and replaces the Company’s existing senior secured revolving credit facility which had a $2.25 billion borrowing base and”
Dauch Corp incurred term loan of $648 million with JPMorgan Chase Bank, N.A., as administrative agent; New Tranche B Term Lenders at Adjusted Term SOFR Rate plus 3.00% per annum; alternate base rate plus 2.00% per maturing December 13, 2029.
“party thereto from time to time as a lender, and the Administrative Agent. Pursuant to the Refinancing Facility Agreement, the New Tranche B Term Lenders agreed to provide a $648 million term loan B facility (the “ New Term Loan B Facility ”), the proceeds from which, together with cash on hand of AAM, were used to (a) prepay the entire principal amount of the”
NovAccess Global Inc. incurred loan of $117,000 with AJB Capital Investments, LLC at 12% a year maturing November 13, 2024.
“entered into a securities purchase agreement (the “SPA”) with AJB Capital Investments, LLC (“AJB”) and issued a promissory note in the principal amount of $117,000 (the “note”) to AJB pursuant to the SPA”
KELLANOVA incurred senior notes of €300,000,000 with U.S. Bank Trust Company, National Association at 3.750% maturing 2034.
“On May 16, 2024, Kellanova (the “Company”) closed the offering of $300,000,000 of 5.750% Senior Notes due 2054 (the “USD Notes”) and the offering of €300,000,000 of 3.750% Senior Notes due 2034 (the “EUR Notes” and, together with the USD Notes, the “Notes”).”
KELLANOVA incurred senior notes of $300,000,000 with U.S. Bank Trust Company, National Association at 5.750% maturing 2054.
“On May 16, 2024, Kellanova (the “Company”) closed the offering of $300,000,000 of 5.750% Senior Notes due 2054 (the “USD Notes”) and the offering of €300,000,000 of 3.750% Senior Notes due 2034 (the “EUR Notes” and, together with the USD Notes, the “Notes”).”
Pineapple Financial Inc. incurred convertible notes of $300,000 with Brown Stone Capital Ltd. at 8% per annum maturing twenty four (24) months from the date of the issuance.
“the Company has agreed to sell to the Investor a convertible promissory note (the “Note”) in the aggregate principal amount of $300,000, with an 8% per annum interest rate and a maturity date of twenty four (24) months from the date of the issuance.”
GOLUB CAPITAL DIRECT LENDING CORP incurred credit facility of up to $150.0 million with Deutsche Bank AG, New York Branch at applicable base rate plus 2.25% per annum during the Revolving Period, and 2.75% maturing earliest of (i) three (3) years from the last day of the Revolving Period, (ii) the date on which the Company ceases to exist or (iii) the occurrence of an even.
“collateral agent and as collateral custodian. Under the DB Credit Facility, the lenders have agreed to extend credit to GDLC Funding in an aggregate principal amount of up to $ 150.0 million as of the Effective Date. The period during which GDLC Funding may request drawdowns under the DB Credit Facility (the “Revolving Period”) commenced on the Effective Date and”
Hess Midstream LP incurred senior notes of $600,000,000 with Computershare Trust Company, N.A. at 6.500% maturing due 2029.
“On May 16, 2024, in connection with the closing of the previously announced offering (the “Notes Offering”) and issuance by Hess Midstream Operations LP, a Delaware limited partnership (the “Issuer”), and consolidated subsidiary of Hess Midstream LP, a Delaware limited partnership (the “Company”), of $600,000,000 in aggregate principal amount of its 6.500% senior notes due 2029 (the “Notes”), the Issuer entered into an indenture, dated as of May 16, 2024 (the “Indenture”), with Computershare Trust Company, N.A., as trustee (the “Trustee”) and the Guarantors (as defined below) party thereto.”
Restaurant Brands International Limited Partnership incurred term loan of $5,912 million term loan B facility with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
“The 2024 Amendment increases the existing term loan B facility with $5,162 million outstanding to a $5,912 million term loan B facility (the “Term Loan B Facility”) on the same terms as the existing term loan B facility.”
Restaurant Brands International Inc. incurred term loan of $5,162 million outstanding to a $5,912 million term loan B facility with the Lenders.
“The 2024 Amendment increases the existing term loan B facility with $5,162 million outstanding to a $5,912 million term loan B facility (the “Term Loan B Facility”) on the same terms as the existing term loan B facility.”
Park Hotels & Resorts Inc. incurred senior notes of $550 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.000% per annum maturing February 1, 2030.
“On May 16, 2024, Park Intermediate Holdings LLC (“PIH”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (“Corporate Co-Issuer” and, together with PK Domestic LLC, the “Co-Issuers” and, the Co-Issuers together with PIH, the “Issuers”), direct and indirect subsidiaries of Park Hotels & Resorts Inc. (the “Company”), issued $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) under an indenture (the “Indenture”), dated as of May 16, 2024, among the Issuers, the Company, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee”
Western Midstream Partners, LP amended revolving credit with Wells Fargo Bank, National Association maturing April 6, 2029.
“On May 16, 2024, Western Midstream Operating, LP (“WES Operating”), a subsidiary of Western Midstream Partners, LP (“WES”), entered into an amendment (the “Amendment”) to its senior unsecured revolving credit agreement (the “RCF”), dated April 6, 2023, among itself, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto in connection with the extension of the maturity date applicable to the loans and commitments of certain lenders totaling $1,880 million to April 6, 2029, pursuant to Section 2.24 of the RCF.”
Western Midstream Operating, LP incurred revolving credit of $1,880 million maturing April 6, 2029.
“extension of the maturity date applicable to the loans and commitments of certain lenders totaling $1,880 million to April 6, 2029”
LAS VEGAS SANDS CORP incurred senior notes of $1,500,000,000 with U.S. Bank Trust Company, National Association at 5.900% on the 2027 Notes; 6.000% on the 2029 Notes; 6.200% on the 2034 Notes maturing June 1, 2027 for the 2027 Notes; August 15, 2029 for the 2029 Notes; August 15, 2034 for the 2034 Notes.
“On May 16, 2024, Las Vegas Sands Corp. (the “Company”) completed its previously announced underwritten public offering of an aggregate principal amount of $750 million of the Company’s 5.900% Senior Notes due 2027 (the “2027 Notes”), $500 million of the Company’s 6.000% Senior Notes due 2029 (the “2029 Notes”) and $500 million of the Company’s 6.200% Senior Notes due 2034 (the “2034 Notes” and, together with the 2027 Notes and the 2029 Notes, the “Notes”).”
PROVIDENT FINANCIAL SERVICES INC incurred senior notes of $150.0 million at 2.875% fixed-to-floating rate maturing September 15, 2031.
“$150.0 million aggregate principal amount of 2.875% fixed-to-floating rate subordinated notes due September 15, 2031”
MKS INC incurred convertible notes of $1.4 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 1.25% per annum maturing June 1, 2030.
“completed its previously announced private offering of $1.4 billion aggregate principal amount of its convertible senior notes due 2030 (the “Notes”).”
Loar Holdings Inc. amended credit facility of $100 million of new delayed draw term commitments and $50 million of new revolving credit commitments with First Eagle Alternative Credit, LLC at reduce the applicable margin applicable to term loans thereunder from 7.25% to 4 maturing term loans: May 10, 2030; revolving credit: May 10, 2029.
“pursuant to which, among other things, the Company amended its existing credit agreement to (i) extend the maturity date applicable to term loans thereunder to May 10, 2030, (ii) reduce the applicable margin applicable to term loans thereunder from 7.25% to 4.75% (with two 25 basis point step ups based on the Company’s total net leverage ratio), (iii) replacing the existing delayed draw term loan commitments available thereunder with $100 million of new delayed draw term commitments available to be drawn on or prior to May 10, 2026 and (iv) replacing the revolving credit commitments thereunder with $50 million of new revolving credit commitments, which have a maturity date of May 10, 2029 and an undrawn commitment fee of 0.375% per annum.”
Plutonian Acquisition Corp. incurred loan of $210,000 with Big Tree Cloud International Group Limited at does not bear interest maturing mature upon closing of a business combination.
“On May 15, 2024, Plutonian Acquisition Corp. (the “ Company ”) issued an unsecured promissory note in the aggregate principal amount of $210,000 (the “ Note ”) to Big Tree Cloud International Group Limited (“ Big Tree Cloud ”) in exchange for Big Tree Cloud depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and mature upon closing of a business combination by the Company.”
WinVest Acquisition Corp. incurred loan of $55,000 with WinVest SPAC LLC at does not bear interest maturing upon the earlier of (a) the closing of a Business Combination and (b) the Company’s liquidation.
“On May 15, 2024, the Company effected the sixth drawdown of $55,000 under the Promissory Note”
MeridianLink, Inc. amended term loan of increased the aggregate principal amount of the term loan by $50.0 million to $476.3 million with Bank of America, N.A. at Term SOFR plus 2.75% per annum.
“lowered the interest rate on its term loan from Term SOFR plus 3.00% per annum to Term SOFR plus 2.75% per annum and increased the aggregate principal amount of the term loan by $50.0 million to $476.3 million”
5&2 Studios, Inc. incurred term loan of approximately $11.7 million with Come and See Foundation, Inc..
“the Company issued a promissory note in favor of CAS, in the principal amount of approximately $11.7 million (the “Bridge Note”), in exchange for CAS’s making a short-term loan to the Company for such same amount.”
ADT Inc. incurred term loan of $143,200,320.55 with Barclays Bank PLC.
“On the Closing Date, pursuant to the Credit Agreement Amendment, the Borrowers purchased by way of assignment $143,200,320.55 aggregate principal amount of first lien senior secured term A loans outstanding under that certain Term Loan Credit Agreement, dated as of March 14, 2023, as amended as of March 14, 2023 (the “ TLA Credit Agreement ”), by and among Prime Borrower, as borrower, Holdings, ADTSC, as co-borrower, the lenders party thereto and Barclays Bank PLC, as administrative agent, which transaction was comprised of an exchange of such first lien senior secured term A loans for $143,200,320.55 aggregate principal amount of incremental first lien senior secured term B-1 loans incurred pursuant to the Existing Credit Agreement (the “ Incremental Term B-1 Loans ”).”
ISUN, INC. faced acceleration on loan of up to $8,000,000 with Decathlon Growth Credit, LLC.
“Revenue Loan and Security Agreement (the “Loan Agreement”) with Decathlon Specialty Finance, LLC, pursuant to which the Company borrowed the aggregate principal amount of up to $8,000,000, as described in the Company’s Current Report on Form 8-K, dated December 13, 2023. On May 9, 2024, the Company received notice from Decathlon Growth Credit, LLC (“Decathlon”),”
Adaptimmune Therapeutics PLC incurred credit facility of up to $125.0 million with Hercules Capital, Inc. at an annual rate equal to the greater of (i) 9.65% or (ii) 1.15% plus the Wall Str maturing June 1, 2029.
“On May 14, 2024 (the “Closing Date”), Adaptimmune Therapeutics plc (the “Company” and collectively with any Company affiliates that are made party to the Loan Agreement, “Borrower”) entered into a Loan and Security Agreement (the “Loan Agreement”), with several banks and other financial institutions or entities from time to time party hereto as lenders (each, a “Lender”, and collectively “Lenders”) and Hercules Capital, Inc., a Maryland corporation in its capacity as administrative agent and collateral agent for itself and the Lenders (in such capacity, including any successors or assigns, the “Agent”), for a term loan facility of up to $125.0 million (the “Term Loan”), consisting of a term loan advance in the aggregate principal amount equal to $25.0 million on the Closing Date (the “Tranche 1 Advance”), a term loan advance available to the Company subject to certain terms and conditions in the aggregate principal amount of $25.0 million (the “Tranche 2 Advance’), a term loan advance”
NightFood Holdings, Inc. incurred loan of principal amount of $395,000.00 with Mast Hill Fund, L.P. at lesser of (i) 16% per annum and (ii) the maximum amount permitted by law maturing 12-month anniversary of the Issuance Date.
“On May 9, 2024, Nightfood Holdings, Inc. (the “Company”) consummated the transactions pursuant to a Securities Purchase Agreement (the “Purchase Agreement”) dated as of May 5, 2024 (the “Effective Date”) and issued and sold to Mast Hill Fund, L.P. (“Mast Hill”), a Promissory Note (the “Note”) in the principal amount of $395,000.00”
EXPRO GROUP HOLDINGS N.V. incurred revolving credit of $250 million revolving credit facility by a further $90 million in commitments, to a total of $340 million with DNB Bank ASA as Agent, together with a consortium of banks as lenders.
“revolving facility agreement dated October 1, 2021, as amended and/or supplemented from time to time (the “Revolving Facility Agreement”), in order to increase its existing $250 million revolving credit facility by a further $90 million in commitments, to a total of $340 million. The establishment of the incremental facility was accomplished by a notice entered”
Owens Corning incurred term loan of $2.8 billion with Morgan Stanley Senior Funding, Inc..
“On May 15, 2024, Owens Corning (i) borrowed $2.8 billion under the 364-Day Credit Facility”
WEX Inc. amended term loan of $900 million with Bank of America, N.A. maturing May 10, 2029.
“increases the size of the Company’s tranche A term loan facility from $844 million to $900 million”
WEX Inc. amended revolving credit of $1.6 billion with Bank of America, N.A. at 1.50% for SOFR loans and 0.50% for base rate loans maturing May 10, 2029.
“extends the maturity date of the Company’s revolving credit facility and tranche A term loans from April 1, 2026 to May 10, 2029, (ii) increases commitments under the Company’s revolving credit facility from $1.43 billion to $1.6 billion”
GlassBridge Enterprises, Inc. incurred credit facility of $35,000,000 with East West Bank at Term SOFR plus 3.25% maturing May 9, 2031.
“not otherwise defined herein have the meanings ascribed thereto in the EWB Loan Agreement. The aggregate amount of the Revolving Loan Commitments under the EWB Loan Agreement is $35,000,000; provided that in the sole discretion of East West Bank and the other lenders, the Revolving Loan Commitment may be increased up to $50,000,000. The Scheduled Maturity Date is”
OPEN TEXT CORP amended term loan with Barclays Bank PLC at Term SOFR (as defined in the Term Loan Credit Agreement) plus an applicable marg.
“The Term Loan Amendment reduces the applicable margin by 0.50% and removes the 0.10% SOFR adjustment. Following the Term Loan Amendment, at the Company’s election, loans made under the Term Loan Credit Agreement will bear interest at (i) the Base Rate (as defined in the Term Loan Credit Agreement) plus an applicable margin of 1.25%, (ii) Term SOFR (as defined in the Term Loan Credit Agreement) plus an applicable margin of 2.25% or (iii) Daily Simple SOFR (as defined in the Term Loan Credit Agreement) plus an applicable margin of 2.25%.”
Genasys Inc. incurred term loan of $15,000,000 with Cantor Fitzgerald Securities at three-month SOFR plus five percent maturing May 13, 2026.
“On May 13, 2024, Genasys Inc. (the “Company”) entered into (a) a Term Loan and Security Agreement (the “Loan Agreement”) among the Company, Evertel Technologies, LLC (“Evertel”), Zonehaven LLC (“Zonehaven”), Genasys Puerto Rico, LLC (“Genasys PR”), the lenders from time to time party thereto (the “Lenders”) and Cantor Fitzgerald Securities, as administrative agent and collateral agent, pursuant to which the Company borrowed Fifteen Million Dollars ($15,000,000) (the “Loan Transaction”)”
ACURA PHARMACEUTICALS, INC incurred loan of $200,000 with Abuse Deterrent Pharma, LLC at 5.25% maturing June 30, 2024.
“On May 10, 2024 we received a $200,000 loan from Abuse Deterrent Pharma, LLC (“AD Pharma”). This loan 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 $5,619,279 with accrued interest of approximately $310,000, bears interest at 5.25%, and matures on June 30, 2024, at which time all principal and interest is due (“Note”).”
HASBRO, INC. incurred senior notes of $500,000,000 with The Bank of New York Mellon Trust Company, N.A. at 6.050% maturing 2034.
“On May 8, 2024, Hasbro, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Scotia Capital (USA) Inc., as representatives of the several underwriters named therein (the “Underwriters”), with respect to a registered public offering (the “Notes Offering”) of $500,000,000 aggregate principal amount of 6.050% notes due 2034 (the “Notes”), pursuant to the Company’s shelf registration statement on Form S-3 (Registration File No. 333-279146) (the “Registration Statement”). On May 14, 2024, the Company closed the Notes Offering.”
OSR Holdings, Inc. incurred loan of $140,000 with Bellevue Global Life Sciences Investors LLC at not interest bearing maturing the earlier of: (i) December 31, 2024 or (ii) the date on which the Company consummates an initial business combination.
“On May 14, 2024, Bellevue Life Sciences Acquisition Corp. (the " Company ") issued an unsecured promissory note (the " Promissory Note ") in the principal amount of $140,000 to Bellevue Global Life Sciences Investors LLC (" BGLSI "), the sponsor of the Company.”
Planet 13 Holdings Inc. incurred loan of US$5 million in aggregate principal amount of promissory notes.
“US$5 million in aggregate principal amount of promissory notes, subject to adjustments under the definitive agreement.”
1847 Holdings LLC incurred loan of $625,000 with an accredited investor at 20% OID maturing August 8, 2024.
“issued and sold to the Investor a 20% OID subordinated promissory note in the principal amount of $625,000”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.