One World Pharma raises $705K via 8% note, issues warrants and commitment fee shares

One World Products, Inc.

Sold $750K principal promissory note to AJB Capital Investments for $705K; 8% interest, matures Sept 24, 2022.
Issued three-year warrants: 1.5M shares at $0.25 and 2M shares at $0.50 per share.
Commitment fee of $250K paid as 1.25M shares, subject to adjustment in six months.
Note convertible only upon default; conversion price based on lowest trading price.
Obligations secured by all company assets via Security Agreement.

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