Global Gas amends two promissory notes, adds 5% PIK interest and conversion at $0.15/share

Global Gas Corp

Sponsor Note principal fixed at $170,000; Glatt Note at $103,950; maturity extended to March 31, 2025.
Both notes now carry 5% annual interest payable in kind (non-cash), replacing zero interest.
Holders can convert principal + accrued interest into Class A common at $0.15 per share.
Notes are unsecured; maturity may be extended by holder's written consent.
Conversion price equals last sale price on Dec 5, 2024, potentially dilutive if exercised.

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