BrooQLy raises $450K via convertible note with Platinum Point Capital

DYNAMIC AEROSPACE SYSTEMS Corp

• Issued $495,000 convertible note at 10% OID (purchase price $450,000) to Platinum Point Capital; 10% interest, matures July 3, 2026.
• Conversion price is lower of $1.00 or 90% of lowest 10-day VWAP before conversion; capped at 4.99% of outstanding shares.
• Issued warrant to purchase 330,000 shares at $1.50 per share, 4-year term; exercise price adjusts on default.
• Granted Platinum a security interest in substantially all assets to secure the note.
• Company agreed to file resale registration statement within 90 days for shares underlying note and warrant.