debt
confidence high
sentiment neutral
materiality 0.50
Bespoke Extracts issues $310k in 15% senior secured notes with warrants; $175k new funds, $135k debt rollover
Bespoke Extracts, Inc.
- Issued $310,000 in 15% senior secured promissory notes to accredited investors, maturity June 30, 2026.
- Received $175,000 in new cash and converted $135,000 of existing debt into the notes.
- Issued 930,000 warrants exercisable at $0.062 per share for two years.
- Proceeds to be used for working capital and potential acquisitions.