Hammer Fiber Optics borrows $791,546 from board member at 6% to repay existing note

HAMMER TECHNOLOGY HOLDINGS CORP.

Loan principal $791,546 from director Michael Sevell at 6% flat interest, maturing March 1, 2025.
Proceeds used to fully satisfy promissory note previously issued to Mast Hill Fund L.P.
Loan has six-month term; prepayment allowed without penalty.
Default provisions provide 15-day cure period; lender may accelerate or accrue interest.

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