---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-000161"
form_type: "8-K"
ticker: "APHD"
cik: "0001490054"
company_name: "VERDE BIO HOLDINGS, INC."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:41:04.498069+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Verde Bio issues $71,960 promissory note with 12% interest to 1800 Diagonal Lending

## Summary
- Issued $71,960 promissory note (incl. $7,710 original issue discount) to 1800 Diagonal Lending LLC, maturing Jan 9, 2024.
- Interest rate 12%; convertible upon default at 75% of market price based on lowest trading price over 10 trading days.
- Proceeds for general working capital; company reimbursed buyer $4,250 for legal and due diligence fees.
- Note sold under Section 4(a)(2) exemption; conversion shares unregistered and subject to restrictive legend.

## SEC filing metadata
- accession: 0001096906-23-000161
- form_type: 8-K
- ticker: APHD
- cik: 0001490054
- company_name: VERDE BIO HOLDINGS, INC.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490054/000109690623000161/0001096906-23-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490054/000109690623000161/vbhi-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-000161
- JSON: https://secwatch.observer/filing/0001096906-23-000161.json
- Plain text: https://secwatch.observer/filing/0001096906-23-000161.txt

## Key facts
- Material Agreements
  VERDE BIO HOLDINGS, INC. entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC valued at $71,960.00 (effective 2023-01-09).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: 1800 Diagonal Lending LLC
  - Value: $71,960.00
  - Effective: 2023-01-09
  source text: On January 9, 2023, Verde Bio Holdings, Inc. (the “Company”) announced that it had entered into a Securities Purchase Agreement (“Purchase Agreement”) with 1800 Diagonal Lending LLC (“Buyer”) whereby the Company issued a Promissory Note for $71,960.00 (the “Note”) to Buyer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490054/000109690623000161/0001096906-23-000161-index.htm

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