Resonate Blends issues $138,800 convertible note to accredited investor

Resonate Blends, Inc.

Principal $138,800; net proceeds $125,000 after $10,300 original issue discount and $3,500 legal fees.
Maturity June 27, 2023; 8% interest; convertible after 180 days at 73% of avg of 3 lowest trading prices in prior 10 days.
Prepayment premium: 12% if within 120 days, 15% if within 180 days of issuance.
Conversion limited to 4.99% of outstanding common stock.

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