debt
confidence high
sentiment negative
materiality 0.50
Regen Biopharma issues 55.8M Series A Preferred shares to settle $376,711 in convertible debt
Regen BioPharma Inc
- Issued 55,809,233 Series A Preferred shares to satisfy $250,000 principal and $126,711 accrued interest on convertible promissory notes.
- Shares issued directly by management under Section 4(a)(2) exemption; no underwriters or commissions paid.
- As of Nov 21, 2022, $510,000 of convertible notes outstanding, including $360,000 convertible at floating rate.