debt
confidence high
sentiment neutral
materiality 0.40
Yale Transaction Finders issues $50,000 in convertible promissory notes to affiliates and others
Yale Transaction Finders, Inc.
- Issued $50,000 principal amount of 5% convertible promissory notes maturing June 30, 2023.
- Holders include affiliates of CEO (Ironbound Partners), President/Treasurer (Moyo Partners), Dakota Group, and Rise Capital.
- Notes convertible into common stock upon a Qualified Financing or Fundamental Transaction.
- Proceeds to be used for working capital needs.