debt
confidence high
sentiment neutral
materiality 0.30
Fuse Group issues $100K convertible promissory note to Liu Marketing at $0.45 conversion price
FUSE GROUP HOLDING INC.
- Principal $100,000, interest 3% p.a., payable March 2023 and 2024.
- Maturity 24 months from funding date; conversion price $0.45 per share.
- Note sold under Regulation S exemption to Malaysian company Liu Marketing.
- Event of default triggers acceleration; conversion rights at holder's option.