Dolphin Entertainment amends $1M notes, issues $800K new convertible notes

Dolphin Entertainment, Inc.

Amended two $500K promissory notes to extend maturity to Aug 26, 2030; conversion price set at $1.07/share.
Issued five convertible notes Aug 21-26, 2025 for aggregate $800K cash; 10% interest, 5-year maturity.
Conversion prices: two $100K notes at $1.04/share; two $100K and one $400K note at $1.07/share.
Notes exempt from registration under Section 4(a)(2); proceeds provide working capital.

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