other material
confidence high
sentiment neutral
materiality 0.15
Charlotte's Web extends $1M founder loan maturity to Nov 2024
Charlotte's Web Holdings, Inc.
- Second amendment to $1M promissory note extends maturity from Nov 13, 2023 to Nov 13, 2024.
- Note originally entered Nov 13, 2020, secured by equity instruments with the founder.
- First amendment in March 2022 had previously extended maturity; second amendment effective Dec 28, 2023.