debt
confidence high
sentiment neutral
materiality 0.30
Sharing Economy International issues $38,462 convertible note to Pyram LC Architecture
SHARING ECONOMY INTERNATIONAL INC.
- Note Purchase Agreement with Pyram LC Architecture dated Nov 30, 2021 for $38,462 principal.
- Note convertible into common stock at 70% of average closing price over prior 10 trading days.
- Proceeds to be used for general corporate purposes; closing by May 29, 2022.
- Shares reserved for conversion; note is a restricted security under Securities Act.