debt
confidence high
sentiment neutral
materiality 0.60
US Nuclear closes $750K convertible note with Mast Hill Fund for working capital
US NUCLEAR CORP.
- Principal amount $750K, convertible at $0.20/share; warrants to buy 1.5M shares at $0.75.
- Net proceeds of $611K for operations, product upgrades, and sales/marketing expansion.
- Issued 625,000 commitment shares to Mast Hill as additional consideration at closing.
- Note issued under Section 4(a)(2) and Rule 506(b) exemption from registration.