debt
confidence high
sentiment neutral
materiality 0.40
Nature's Miracle pays off $180K convertible note in full; terminates agreement
Nature's Miracle Holding Inc.
- Paid $212,400 on July 30, 2024 to extinguish $180K convertible note plus accrued interest and fees.
- Original note had $27,500 OID; issued alongside warrant for 217,500 shares at $0.87 and 180,000 commitment shares.
- Termination ends company's obligation to provide participation rights in future offerings.
- Registration rights for the underlying shares remain in place until Rule 144 volume limitations expire.