debt
confidence high
sentiment neutral
materiality 0.65
AMAZE HOLDINGS, INC. (AMZE): debt financing — Fresh Vine Wine amends 8-K to correct dates, discloses $3.3M secured note financing
AMAZE HOLDINGS, INC.
- Amendment corrects entry dates, note issuance/maturity from Feb 5 to Feb 6, 2025.
- Issued $1.65M secured notes (original issue discount $150k) plus 270,833 shares to accredited investors.
- Notes mature Nov 6, 2025, zero interest unless default, secured by accounts/notes receivable.
- Proceeds for general corporate purposes and costs related to pending business combination with Adifex.
- Remaining $1.65M of notes available until completion of the business combination.