Remsleep Holdings enters equity line with Janbella for up to 300M shares at 70% market discount

RemSleep Holdings Inc.

Purchase agreement with Janbella Group for up to 300M shares over 18 months (maturity Feb 18, 2025).
Purchase price set at 70% of lowest traded price during 15-day valuation period, floor $0.001 per share.
Issued 3-year warrant to Janbella for 15M shares at $0.012 per share, earned upon first draw.
Minimum draw $20,000; maximum lower of $100,000 or 100% of avg daily volume, with 10 business days between draws.
Company to file S-1 registration statement within 30 days; beneficial ownership limited to 4.99%.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RemSleep Holdings Inc. entered into Purchase Agreement with Janbella Group, LLC valued at up to 300,000,000 shares (effective 2023-09-18).

Action: entry
Agreement: equity purchase
Counterparty: Janbella Group, LLC
Value: up to 300,000,000 shares
Effective: 2023-09-18

Exact text from the filing

On September 18, 2023, Remsleep Holdings, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with Janbella Group, LLC (“Janbella”), pursuant to which Janbella has agreed to purchase from the Company up to 300,000,000 shares of the Company’s common stock

View on SEC.gov

Browse all material agreements →

RemSleep Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-078790

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.