other_material
confidence high
sentiment neutral
materiality 0.60
PetVivo converts $2.02M debt into 3.67M shares via note conversion agreements
PetVivo Holdings, Inc.
- Four shareholders converted $2,018,155 aggregate debt (principal $1.85M + interest $168,155) into 3,669,806 restricted shares.
- Conversion prices ranged from $0.50 to $0.75 per share; all debt fully satisfied and notes cancelled.
- Issuance exempt under Section 4(a)(2) of Securities Act; shares restricted under Rule 144 pending holding period.
- Effective date September 30, 2025; lenders are accredited investors.
item 1.02item 1.01item 9.01