debt
confidence high
sentiment neutral
materiality 0.30
Crypto Company raises promissory note by $65k to $222,890 via third amendment
Crypto Co
- Third Amendment dated Feb 6, 2025 with AJB Capital Investments increases principal from $157,556 to $222,890.
- Additional $65,334 principal includes $6,534 original issue discount withheld for monitoring costs.
- $3,500 withheld to cover due diligence and legal costs for the amendment.
- Previous amendments raised principal from $120,000 to $142,000 (First) and then to $157,556 (Second).