Evofem Biosciences issues $706,304 promissory note to HUB Cyber Security at 12% interest

Evofem Biosciences, Inc.

Principal $706,304, 12% interest compounded monthly, 11-month maturity.
Note subordinated to existing senior indebtedness (Baker Bros. and Future Pak).
Proceeds used for supplier payments for products Phexx and Solosec.
Covenants restrict mergers, asset sales, dividends, and require default notice.
Monitoring fee $2,000/week and administration fee $14,126 payable at maturity.

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