debt
confidence high
sentiment neutral
materiality 0.55
GPO Plus issues $168K convertible note and warrants to institutional investor
GPO Plus, Inc.
- Issued $168,000 convertible note (9% interest, 9-month maturity) to institutional investor for $150,000 purchase price.
- Note convertible into common at $1.00 per share.
- Issued 168,000 three-year warrants with exercise price of $1.25 per share.
- Securities issued unregistered under Section 4(a)(2) and Rule 506(c).