BoxScore Brands issues $150K convertible note with 9.5% interest, conversion at $0.05/share

AMERICAN BATTERY MATERIALS, INC.

Issued convertible note for $150,000 to Cobrador Multi Strategy Partners LP on July 13, 2021.
Note bears 9.5% interest per annum (15% if paid in stock or upon filing delinquency), matures in 3 years.
Convertible into common shares at $0.05 per share; company can redeem after one year at principal plus accrued interest.
Anti-dilution provision reduces conversion price if company issues shares below current conversion price.
Beneficial ownership limitation of 4.99% upon conversion applies.

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