debt
confidence high
sentiment neutral
materiality 0.25
Awaysis Capital, Inc. (AWCA): debt financing — Awaysis Capital issues $150K convertible note to Co-CEO at $0.16/share, 12% interest
Awaysis Capital, Inc.
- Convertible promissory note to Co-CEO/CFO Andrew Trumbach for $150,000, dated April 10, 2025.
- Interest at 12% per annum; maturity October 10, 2025; conversion price $0.16 per share.
- Proceeds used for working capital and general corporate purposes.
- Insider loan reflects short-term financing need; note is unsecured.