---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-22-001428"
form_type: "8-K"
ticker: "APHD"
cik: "0001490054"
company_name: "VERDE BIO HOLDINGS, INC."
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:21:15.578754+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001096906-22-001428
- form_type: 8-K
- ticker: APHD
- cik: 0001490054
- company_name: VERDE BIO HOLDINGS, INC.
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490054/000109690622001428/0001096906-22-001428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490054/000109690622001428/vbhi-20220603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-22-001428
- JSON: https://secwatch.observer/filing/0001096906-22-001428.json
- Plain text: https://secwatch.observer/filing/0001096906-22-001428.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.