secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nature's Miracle Holding Inc. (NMHI)
CIK:        0001947861
Form:       8-K
Filed at:   2024-07-10T23:59:59+00:00
Accession:  0001213900-24-060195
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nature's Miracle enters $410K convertible note private placement at $0.442/share
--------------------------------------------------------------------------------

- Gross proceeds of $410,000 from four unsecured convertible notes with 12% annual interest and six-month maturity.
- Conversion price set at $0.442 per share, equal to 85% of $0.52 closing price on July 1, 2024.
- Company must file S-1 registration for resale within 3 business days of conversion; failure constitutes default.
- CEO Tie James Li and Zhiyi Jonathan Zhang provide unlimited joint and several personal guarantees for principal and interest if notes not converted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024060195/0001213900-24-060195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024060195/ea0209171-8k_natures.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-060195

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer