debt
confidence high
sentiment neutral
materiality 0.55
ILAL issues $110K convertible note to Vista Capital at $0.35/sh
International Land Alliance Inc.
- Gross proceeds $100K from $110K principal note; maturity March 11, 2026.
- Interest rate 12% per annum; conversion price $0.35 per share of common stock.
- Holder's conversion capped at 4.99% beneficial ownership; OID of $10,000.
- Default triggers 125% penalty plus $500 daily; standard events including bankruptcy.
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