other material
confidence high
sentiment neutral
materiality 0.75
Amaze Holdings enters up to $35M equity line with C/M Capital; also secures $225K loan with warrants
AMAZE HOLDINGS, INC.
- Equity Purchase Agreement: Company may sell up to $35M of common stock to C/M Capital at 95% of VWAP over 36 months.
- Fixed purchases capped at $500K per day; floor price of $0.20; Exchange Cap of 3,464,880 shares (19.99% of outstanding).
- Commitment shares: 543,501 shares issued upfront plus $262,500 in additional shares pro rata with purchases.
- Business Loan of $225,000 from Balanced Management; 10-month term, weekly payments of $7,500, balloon of $56,250.
- Warrants issued to lender for 1,600,000 shares at $0.75 exercise price, 5-year term.