other material
confidence high
sentiment negative
materiality 0.40
Mangoceuticals issues 590,000 common shares on conversions of preferred stock and debt
MANGOCEUTICALS, INC.
- March 28: 350 Series B Convertible Preferred shares (stated value $385,000) converted into 256,666 common shares at $1.50/share.
- April 2: MAAB Global Ltd. converted $500,000 of debt into 333,333 common shares at $1.50/share.
- Issuances exempt under Section 3(a)(9) as exchanges with existing holders; no commission paid.