other material
confidence high
sentiment neutral
materiality 0.65
Vemanti extends FirstFire note maturity to Aug 9, 2024; issues 150k shares for marketing
Vemanti Group, Inc.
- Note Amendments extend maturity to August 9, 2024 and set conversion price at market close minus $0.10 (min $0.10, max $0.30).
- Company must pay $37,500 cash immediately and another $37,500 in 30 days as partial note repayment.
- Entered Marketing Services Agreement with Outside The Box Capital for 3 months; fee is $150,000 in restricted common stock.