debt
confidence high
sentiment neutral
materiality 0.55
Aeluma closes second tranche of convertible note financing for $1.345M, total $3.145M
Aeluma, Inc.
- Second closing on Aug 27, 2024: issued convertible notes to five new accredited investors for $1,345,000.
- Combined with first closing of $1.8M on Aug 5, aggregate proceeds now $3.145M.
- Notes are convertible into shares of common stock at $0.0001 par value.
- Company may hold additional closings but no guarantee of further proceeds.
- Financing used for working capital and general corporate purposes.