debt
confidence high
sentiment neutral
materiality 0.25
Yale Transaction Finders issues $17,500 convertible notes to related parties
Yale Transaction Finders, Inc.
- Issued $17,500 aggregate principal amount of convertible notes to Ironbound Partners (CEO affiliate), Moyo Partners (President affiliate), and Dakota Group.
- Notes mature Dec 31, 2026, bear 5% annual interest payable at maturity.
- Principal and accrued interest convertible into common stock upon Qualified Financing or Fundamental Transaction.
- Proceeds used for working capital needs.
item 2.03item 9.01