debt
confidence high
sentiment neutral
materiality 0.55
Blackboxstocks increases senior debenture financing to $2.85M aggregate principal
REALLOYS INC.
- Initial Debenture principal increased to $550,000; Additional Debenture to $2,300,000.
- Amended and Restated Initial Debenture issued Jan 27, 2025, due by March 15, 2025.
- Amendment adds holder consent for prepayments and prohibits factoring/merchant cash advance.
- Palladium Capital Group acted as placement agent; securities sold under Regulation D.
- 50% of gross proceeds from Permitted Shelf Takedowns or Variable Rate Transactions must repay debentures.