Awaysis Capital borrows $250K from affiliate under $5M line of credit; secured by all assets

Awaysis Capital, Inc.

Initial $250K tranche borrowed from BOS Investment (affiliate of Chairman Michael Singh) under a planned $5M line of credit.
Note: 3.5% annual interest, 12-month maturity, secured by first-priority lien on substantially all company assets.
Proceeds to acquire an operating property in Belize from Chial Mountain Ltd. (another affiliate) and develop Awaysis Casamora.
Full $5M line documentation not finalized; initial note expected to be rolled into definitive documents.
Related-party transaction with Chairman/Co-CEO affiliate; potential conflict-of-interest considerations.

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