Aditxt, Inc. (ADTX): debt financing — Aditxt CEO Amro Albanna loans $205K at 8.5% due Aug 15, 2024

Aditxt, Inc.

CEO Amro Albanna loaned $205,000 to Aditxt on February 15, 2024, evidenced by an unsecured promissory note.
Loan accrues interest at the Prime rate (8.5% per annum) and is unsecured.
Principal and interest are due on the earlier of August 15, 2024 or an event of default.
Note executed by CFO Thomas Farley on behalf of the company.

item 2.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Aditxt, Inc. incurred senior notes of $463,121 at 10% maturing February 15, 2026.

Instrument: senior notes
Principal: $463,121
Rate: 10%
Maturity: February 15, 2026
Event: incurrence

Exact text from the filing

The information relating to the Note (as defined below) included in Item 8.01 is incorporated by reference in this item to the extent required.

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Source: SEC EDGAR

accession 0001213900-24-014924

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