debt
confidence high
sentiment neutral
materiality 0.10
Yale Transaction Finders issues $17.5K convertible notes to related parties
Yale Transaction Finders, Inc.
- Issued aggregate $17,500 in convertible notes to CEO affiliate (Ironbound), President affiliate (Moyo), and Dakota Group.
- Notes mature Dec 31, 2025, bear 5% annual interest payable at maturity.
- Principal and interest convertible into common stock upon a Qualified Financing or Fundamental Transaction.
- Proceeds used for working capital needs; related-party issuances noted.