debt
confidence high
sentiment neutral
materiality 0.45
Fuse Group Holding issues $100K convertible note to Liu Marketing at 3% interest, $0.45 conversion price
FUSE GROUP HOLDING INC.
- Sold a $100,000 convertible promissory note to Liu Marketing (M) Sdn. Bhd. on February 15, 2022.
- Note carries 3% annual interest, payable on February 15 of 2023 and 2024, maturing 24 months after purchase date.
- Outstanding principal and interest are convertible into common stock at $0.45 per share at holder's option.
- Note issued under Regulation S exemption from registration under the Securities Act.