Polomar Health Services assumes $633K promissory note at 12-15% interest in acquisition

Polomar Health Services, Inc.

Upon acquiring Polomar Specialty Pharmacy, assumed $633,430 outstanding on unsecured promissory note to Reprise Management.
Note bears 12% simple interest through Dec 31, 2024, then 15% thereafter; matures July 31, 2025.
Total liabilities of Polomar Specialty Pharmacy were ~$576,000 as of June 30, 2024, including $454,000 related-party debt.
On Nov 8, 2024, note was amended to remove a warrant issuance requirement originally tied to the loan.

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