Dolphin Entertainment extends $1.5M convertible notes to Jan 2027, floor $1.00

Dolphin Entertainment, Inc.

Amended three promissory notes totaling $1.5M principal; maturity extended to January 13, 2027.
Minimum conversion price lowered to $1.00 per share; conversion uses 90-trading day average VWAP.
Amendments executed on January 13, 2025 with an existing investor; filed January 17, 2025.
Accrued interest also convertible at same formula; original November 2023 amendment in place.

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