other material
confidence high
sentiment neutral
materiality 0.45
Two Hands repays $78,750 convertible note by issuing 67.5M shares
Two Hands Corp
- Repaid $78,750 convertible note plus ~$3,150 accrued interest by issuing 67,461,539 shares.
- Fair value of shares issued: $105,985; net debt retired: ~$81,900.
- Note was originally issued May 27, 2021, with 8% interest and maturity May 27, 2022.
- Shares issued in unregistered transaction; no underwriter involved.