Two Hands Corp issues $94,300 convertible note to Vanquish, net $75,000

Two Hands Corp

Note matures Feb 1, 2026, carries 10% annual interest, convertible 180 days post-issue.
Conversion price set at 75% of lowest closing bid over prior 10 trading days; beneficial ownership cap 4.99%.
Prepayment penalty escalates from 115% (first 90 days) to 125% (days 151-180); $1,500 deduction per conversion for holder fees.
Vanquish receives right of first refusal on financings up to $1,000,000 for 12 months post-closing.
Note sold under Section 4(a)(2) exemption; legal and due diligence fees reduced net proceeds.

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

Two Hands Corp incurred convertible notes of $94,300 with Vanquish Funding Group LLC at 10% per annum maturing February 1, 2026.

Instrument: convertible notes
Principal: $94,300
Counterparty: Vanquish Funding Group LLC
Rate: 10% per annum
Maturity: February 1, 2026
Event: incurrence

Exact text from the filing

pursuant to which the Company sold and Vanquish purchased a convertible promissory note in the principal amount of $94,300

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Two Hands Corp entered into SPA with Vanquish Funding Group LLC valued at $94,300 (effective 2025-12-02).

Action: entry
Agreement: equity purchase
Counterparty: Vanquish Funding Group LLC
Value: $94,300
Effective: 2025-12-02

Exact text from the filing

Effective December 2, 2025, Two Hands Corporation (the “ Company ”) entered into a securities purchase agreement (the “ SPA ”) with Vanquish Funding Group LLC, a Virginia limited liability company (“ Vanquish ”), pursuant to which the Company sold and Vanquish purchased a convertible promissory note in the principal amount of $94,300

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306 debt financings filed in the last 30 days. Browse all debt financings →

Two Hands Corp filing history →

Source: SEC EDGAR

accession 0001494413-26-000002

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