debt
confidence high
sentiment neutral
materiality 0.70
Applife raises $330K via convertible notes and secures $15M equity line
APPlife Digital Solutions Inc
- Issued convertible notes totaling $330K principal (Nov 19-25), most with 12% interest and 65% conversion discount.
- Entered $15M equity line (ELOC) with CM Selling Stockholder (Nov 20), daily purchases up to $100K at 95% of VWAP.
- Issued $225K commitment note for ELOC and $150K convertible note (5%, $0.01/sh conversion) to separate investor.
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