debt
confidence high
sentiment neutral
materiality 0.50
AMAZE HOLDINGS, INC. (AMZE): debt financing — Amaze Holdings issues $1.08M subordinated secured notes, netting $900K after OID
AMAZE HOLDINGS, INC.
- Notes issued to accredited investors on May 14 and May 20, 2025; one investor is affiliate of director David Yacullo.
- Notes have 6-month term, 10% simple interest, secured by company assets, subordinated to existing secured debt.
- Proceeds intended for working capital and general corporate purposes.
- Original issue discount of $180,000 reduces gross proceeds to $900,000.