Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
APPYEA, INC incurred convertible notes of $68,000 with 1800 Diagonal Lending LLC at 8% per annum (22% upon default) maturing November 23, 2023.
- Instrument
- convertible notes
- Principal
- $68,000
- Counterparty
- 1800 Diagonal Lending LLC
- Rate
- 8% per annum (22% upon default)
- Maturity
- November 23, 2023
- Event
- incurrence
Exact text from the filing
On November 25, 2022, AppYea, Inc. (the “Company”) entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC, an accredited investor (“ 1800 Diagonal ”), pursuant to which the Company sold 1800 Diagonal a convertible promissory note in the principal amount of $68,000 (the “ 1800 Diagonal Note ”). The 1800 Diagonal Note accrues interest at a rate of 8% per annum (22% upon the occurrence of an event of default) and has a maturity date of November 23, 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
APPYEA, INC entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC valued at $68,000 (effective 2022-11-25).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- 1800 Diagonal Lending LLC
- Value
- $68,000
- Effective
- 2022-11-25
Exact text from the filing
On November 25, 2022, AppYea, Inc. (the “Company”) entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC, an accredited investor (“ 1800 Diagonal ”), pursuant to which the Company sold 1800 Diagonal a convertible promissory note in the principal amount of $68,000 (the “ 1800 Diagonal Note ”).
View on SEC.gov