Verde Bio issues $200K promissory note at 12% interest to 1800 Diagonal Lending

VERDE BIO HOLDINGS, INC.

Promissory note of $200,200 (incl. $21,450 OID) issued to 1800 Diagonal Lending LLC on June 3, 2022.
Note bears 12% annual interest, matures on June 3, 2023; proceeds for general working capital.
Upon default, note converts to common stock at 75% of lowest trading price in prior 10 trading days.
Securities issued unregistered under Section 4(a)(2) of the Securities Act as a private placement.
Authorized common stock: 5B shares; 1.18B shares outstanding as of agreement date.

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