debt
confidence high
sentiment neutral
materiality 0.50
Sharing Economy International issues $58,333 convertible note to Pyram LC Architecture
SHARING ECONOMY INTERNATIONAL INC.
- Principal amount $58,333; convertible into common stock at 70% of 10-day average closing price.
- Note purchase agreement dated January 26, 2022; closing expected by July 25, 2022.
- Pyram LC Architecture Limited is the sole purchaser; note issued for general corporate purposes (not specified).
- Conversion may result in dilution to existing shareholders; note is a restricted security.