other material
confidence high
sentiment neutral
materiality 0.25
Cyber Apps World issues $55K convertible note to Geneva Roth; conversion at 61% of lowest 20-day price
Leopard Energy, Inc.
- Principal $55,000 with 10% interest, due September 10, 2022; net proceeds $51,250.
- Convertible after 180 days at 61% of lowest trading price during the prior 20 trading days.
- Company may prepay at 130% of principal plus interest within 180 days; no prepayment right after.
- Issued under Regulation D Rule 506 to an accredited investor; no general solicitation.
- Beneficial ownership capped at 4.99%; note is non-registered with legend restrictions.