other material
confidence high
sentiment neutral
materiality 0.25
GEX Management to file additional disclosures for $137,500 convertible note to satisfy covenants
GEX MANAGEMENT, INC.
- Board resolved on Feb 24, 2022 to file supplemental disclosures for an 8% Senior Convertible Note issued Aug 9, 2021.
- Note principal of $137,500 issued to Jefferson Street Capital, due Aug 9, 2022.
- Filing intended to satisfy covenant requirements under the Securities Purchase Agreement.