Awaysis Capital borrows $2.75M from affiliate BOS Investment under secured line of credit

Awaysis Capital, Inc.

Borrowed $2,750,000 from BOS Investment Inc. under a $3,000,000 secured promissory note, replacing prior $250,000 note.
Note bears 3.5% interest and is secured by first priority lien on substantially all assets of the company.
Proceeds to be used for acquisition of operating property in Belize from Chial Mountain Ltd. and development of Awaysis Casamora property.
Repayment schedule: $110,000 by Jan 10, 2025 (deferred), $2,500,000 by Feb 15, 2025, balance by June 1, 2025.
BOS Investment is an affiliate of Chairman and Co-CEO Michael Singh, making this a related-party transaction.

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