Mobile Global Esports issues $283K convertible notes at 10%, 65% discount conversion

Mobile Global Esports, Inc.

Aggregate principal of $283,000; interest rate 10% per annum; maturity May 30, 2026.
Conversion beginning 6 months after issuance at 65% of Market Price (avg of 3 lowest trading prices in prior 15 days).
Company may prepay at 120% within 90 days, then 125% up to 180 days after issuance.
Notes issued to an investor; proceeds not specified; trading symbol MGAM on OTC Pink Sheets.

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