Biotricity borrows $12M at LIBOR+10.5%, issues 57,536-share warrant to SWK Funding

BIOTRICITY INC.

Borrowed $12M from SWK Funding LLC at LIBOR plus 10.5% interest, maturing Dec 21, 2026.
Interest-only payments for first 24 months (extendable to 36); then principal amortization with 40% balloon at maturity.
Issued warrant to purchase 57,536 shares at $6.26/share, expiring Dec 21, 2028.
Origination fee of $120k paid; exit fee of $600k due at termination.
Obligations secured by all assets and intellectual property of the company.

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