Emmaus Life Sciences obtains $1.9M in related-party loans at 10% to prepay debt

Emmaus Life Sciences, Inc.

CEO Yutaka Niihara and wife loaned $1,576,574 net; includes $250k personal funds.
Two promissory notes ($1,668,751 and $250,000) due Aug 2027, 10% interest monthly.
Affiliate Hope International Hospice loaned $50,000 on demand note also at 10%.
Proceeds used to prepay $1,924,819 of third-party indebtedness.
Further related-party loans beyond previously reported in 2021/2022 filings.

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