Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Stablecoin Development Corp incurred convertible notes of $525,000.
- Instrument
- convertible notes
- Principal
- $525,000
- Event
- incurrence
Exact text from the filing
on March 25, 2024, the Company issued the New Notes having an aggregate principal amount of $525,000 or will be convertible into an aggregate of 3,750,000 shares of Common Stock.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Stablecoin Development Corp completed a disposition involving New Age Investments LLC for $1,070,000 (closed 2024-03-25).
- Action
- disposition
- Counterparty
- New Age Investments LLC
- Consideration
- $1,070,000
- Closing
- 2024-03-25
Exact text from the filing
14, 2024. Pursuant to the Purchase Agreement, the Company sold 100% of the membership units (the “ Membership Units ”) of DERMAdoctor to Buyer for a closing purchase price of $1,070,000, as adjusted for the payment of certain outstanding DERMAdoctor indebtedness and transaction expenses. The closing of the DERMAdoctor Sale Transaction was subject to certain
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