debt
confidence high
sentiment neutral
materiality 0.25
Dror Ortho-Design raises $200K via 0% debentures due Aug 2025; warrants contingent on future offering
Dror Ortho-Design, Inc.
- Issued $200,000 principal of 0% interest debentures due August 15, 2025, with holder option to extend 60 days.
- Debentures automatically convert into common stock at per-share price of any future public offering.
- Private placement under Section 4(a)(2) and Regulation D; securities are unregistered.
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