debt
confidence high
sentiment neutral
materiality 0.50
OneMeta consolidates $2.2M notes; maturity accelerated to March 26, 2026
OneMeta Inc.
- Consolidates $2M Existing Notes and $200K Additional Notes into $2.2M aggregate principal.
- Maturity date is the earlier of March 26, 2026 or upon an Event of Default.
- Interest rate set at the lower of 14% per annum and the Highest Lawful Rate.
- Holders may elect payment in cash, common stock at conversion price, or preferred stock if issued.
- Most Favored Nations clause allows existing holders to demand equal terms on future convertible issuances.