other material
confidence high
sentiment neutral
materiality 0.60
SinglePoint raises $281K via Series C Convertible Preferred Stock sale to GHS Investments
SinglePoint Inc.
- Issued 281 shares of Series C Convertible Preferred Stock at $1,000/share ($281,000 total) to GHS Investments LLC.
- Preferred stock has stated value $1,200/share, converts at $0.00477/share, and carries a 12% annual dividend.
- Company must file resale registration statement within 120 days; conversion price subject to reset and floor price.
- 25 Commitment Shares issued at closing; additional equity participation rights granted to investor.