International Land Alliance raises $347K via convertible notes; terms include 12% interest and $0.11 conversion price

International Land Alliance Inc.

Issued convertible notes to Quick Capital LLC for aggregate principal of $436,667; received $347,100 net after discounts and fees.
Notes mature in 9 months, bear 12% guaranteed interest; conversion at $0.11/share after 180 days or lower upon default.
Original issue discounts ranged from 10% to 20%; lender legal fees from $2,500 to $5,000 per note.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

International Land Alliance Inc. incurred convertible notes of $436,666.67 with Quick Capital LLC at 12% maturing nine (9) months from issuance.

Instrument: convertible notes
Principal: $436,666.67
Counterparty: Quick Capital LLC
Rate: 12%
Maturity: nine (9) months from issuance
Event: incurrence

Exact text from the filing

On March 13, 2025, July 16, 2025 and August 18, 2025, International Land Alliance, Inc., a Wyoming corporation (the “Company”), issued to Quick Capital LLC, a Wyoming limited liability company, convertible promissory notes for the principal amounts of a $250,000, $155,555.56 and $31,111.11, respectively, for an aggregate principal amount of $436,666.67 (each a “Note” and collectively the “Notes”).

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International Land Alliance Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-017665

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