Viewbix raises ~$257K via private placement and secures $2.5M credit facility at 12% interest

Viewbix Inc.

Private placement of 1,027,500 units at $0.25 each, gross proceeds $256,875; includes warrants for 1,541,250 shares at $0.25 for 3 years.
Credit facility of $2.5 million at 12% annual interest, drawdown schedule tied to uplisting to a national exchange.
Lender may convert $100K of loan to shares at $0.25 per share after uplisting; remaining balance repayable in cash or convertible.
Company must file resale registration statements for shares issued in both the private placement and credit facility.
Securities issued under exemption from registration under Section 4(a)(2) and Regulation D.

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