VPR Brands issues $250K promissory note at 18% interest to Daiagi

VPR Brands, LP.

Principal amount $250,000, interest rate 18% per annum, payable monthly.
Maturity on third anniversary (May 18, 2025); prepayment allowed without penalty.
Note is unsecured and subordinated to senior secured indebtedness.
Holder may redeem all or part after first anniversary with 30 business days' notice.
Proceeds not disclosed; note issued for general corporate purposes.

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