CV Sciences issues $1.6M secured promissory note, net proceeds $1.2M

CV Sciences, Inc.

Principal $1.6M with $400K original issue discount, net $1.2M to company.
Monthly payments of $106,666.67 begin June 12, 2025; maturity August 12, 2026.
Note secured by all company assets and intellectual property; interest only accrues on default.
Early repayment in full by August 13, 2025 qualifies for $100K discount.
Proceeds used to pay off existing Streeterville Capital debt and for working capital.

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