debt
confidence high
sentiment neutral
materiality 0.45
Two Hands Corp. enters $151,800 convertible note financing with Vanquish Funding
Two Hands Corp
- Principal $151,800; purchase price $132,000; net proceeds $125,000 after fees.
- Note matures July 6, 2027, bears 10% interest, convertible after 180 days.
- Conversion price set at 75% of lowest closing bid in prior 10 trading days; 4.99% ownership cap.
- Prepayment allowed at 125% of principal within first 180 days.
- SPA includes 12-month right of first refusal on financings up to $1,000,000.