CV Sciences enters $1.19M secured note with Streeterville Capital, net proceeds $900K

CV Sciences, Inc.

Principal amount $1,188,500; net proceeds $900,000 after $283,500 OID and $5,000 fees.
Weekly repayments of $22,855.77; maturity 12 months from July 3, 2024.
Note secured by all assets; default interest 22% per annum on event of default.
Early repayment discount of $75,000 if paid in full by Dec 31, 2024.
Guaranties from subsidiaries: Star Sky Foods, Cultured Foods Sp. z o.o., Elevated Softgels.

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