debt
confidence high
sentiment neutral
materiality 0.40
Sharing Economy International issues $128,206 convertible note to Pyram LC Architecture
SHARING ECONOMY INTERNATIONAL INC.
- Principal amount $128,206; note convertible into common stock at 70% of 10-day average closing price prior to conversion.
- Note purchase agreement dated September 20, 2021; closing on or before March 19, 2022.
- Buyer is Pyram LC Architecture Limited; note is unregistered and restricted under Securities Act.
- Company represents it is current on SEC filings and no material adverse effect has occurred.