CV Sciences issues $600K secured note with $300K net proceeds; potential add'l $750K

CV Sciences, Inc.

Issued $600K secured promissory note with 25% OID ($150K) plus $150K modification fee; net proceeds $300K.
Note matures April 6, 2027; monthly principal payments of $46,153.85 begin April 6, 2026.
Note secured by all company assets and IP; customary default provisions with 18% default interest.
Potential additional $750K note upon consummation of Extract Labs acquisition on terms satisfactory to investor.

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