HNO International enters $10M equity financing facility with GHS Investments

HNO International, Inc.

Company can sell up to $10M of common stock to GHS over 24 months at 90% of lowest trading price during pricing period.
Minimum put $10K, maximum $500K per put, with at least 10 trading days between puts.
GHS issued 24,753 commitment shares; GHS ownership capped at 4.99%.
Registration statement on Form S-1 to be filed within 30 days, effective within 90 days.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

HNO International, Inc. entered into Equity Financing Agreement with GHS Investments, LLC valued at up to $10,000,000; commitment shares of 24,753 shares of Common Stock (effective 2023-10-09).

Action: entry
Agreement: equity purchase
Counterparty: GHS Investments, LLC
Value: up to $10,000,000; commitment shares of 24,753 shares of Common Stock
Effective: 2023-10-09

Exact text from the filing

On October 9, 2023, HNO International, Inc. (the "Company") entered into an Equity Financing Agreement (the “Equity Financing Agreement”) and Registration Rights Agreement (the “Registration Rights Agreement”) with GHS Investments, LLC, a Nevada Limited Liability Company (“GHS”), pursuant to which GHS agreed to purchase (the “Contract Period”) after the effectiveness of a registration statement on Form S-1 (the “Registration Statement”) of the underlying shares of Common Stock.

View on SEC.gov

Browse all material agreements →

HNO International, Inc. filing history →

Source: SEC EDGAR

accession 0001262463-23-000117

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.