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

Issuer:     Nature's Miracle Holding Inc. (NMHI)
CIK:        0001947861
Form:       8-K
Filed at:   2024-09-24T23:59:59+00:00
Accession:  0001213900-24-081430
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024081430/0001213900-24-081430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024081430/ea0215436-8k_natures.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-081430

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