debt
confidence high
sentiment neutral
materiality 0.40
Fuse Group raises $275K in convertible notes from three Chinese investors at $0.07 conversion price
FUSE GROUP HOLDING INC.
- Total principal amount $275,000 via three notes to Jianhua Wang, Guangcai Wang, and Yuhao Lu.
- Each note bears 5% interest per annum, matures 24 months from purchase price date.
- Conversion price fixed at $0.07 per share, convertible at holder's option any time.
- Notes sold under Regulation S exemption; purchasers are non‑U.S. persons.
- Proceeds used for general corporate purposes (not specified).