debt
confidence high
sentiment neutral
materiality 0.35
Wetouch extends registration deadline for $250K convertible note, repays $25K per 30-day extension
Wetouch Technology Inc.
- Amended promissory note with Talos Victory Fund extends registration effectiveness to 150 days (from 60).
- Each 30-day extension triggers $25,000 principal repayment; Company has already repaid $25,000.
- Original note principal $250,000 with warrant for 200,000 shares unchanged.