debt
confidence high
sentiment negative
materiality 0.75
DSS withdraws from $13.2M debt conversion agreement; no shares issued
IMPACT BIOMEDICAL INC.
- DSS withdrew from Debt Conversion Agreement, originally dated March 24, 2025.
- Promissory Note principal balance was $13,176,477.03.
- No shares of common stock have been issued under the agreement.
- Withdrawal attributed to current market conditions.