other material
confidence high
sentiment neutral
materiality 0.15
GEX Management files additional disclosures for 2021 convertible note to satisfy covenants
GEX MANAGEMENT, INC.
- Board resolved to file additional disclosures related to Nov 2021 convertible note with Jefferson Street Capital.
- Note principal $137,500, 8% coupon, due Nov 10, 2022, issued under Securities Purchase Agreement dated Nov 10, 2021.
- Filing made to satisfy covenant requirements related to the note.