Nature's Miracle enters $107,880 convertible note with 13% interest and default conversion at 25% discount

Nature's Miracle Holding Inc.

Principal amount of $107,880 includes $14,880 original issue discount; total payback of $121,904 due in five monthly payments starting March 15, 2025.
Note bears 13% one-time interest; upon default, conversion allowed at 25% discount to market price, capped at 4.99% of outstanding common stock.
Proceeds for general working capital; filing also reiterates Nasdaq non-compliance with MVPHS, MVLS, and bid price requirements with compliance deadlines in Oct/Nov 2024.

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