other_material
confidence high
sentiment neutral
materiality 0.55
Mangoceuticals raises $116K in unit offering, converts $500K note into convertible debt
MANGOCEUTICALS, INC.
- Issued 70,454 units at $1.65 each for $116,249, each unit includes 1 share and half warrant to buy 1 share at $3.00.
- Amended $500K promissory note with Indigo Capital LP into convertible note at $1.50/share, removing mandatory prepayment clause.
- Granted Indigo Capital warrants to purchase 275,482 shares at $1.815/share, expiring May 27, 2028.
- Issued 120,000 restricted shares to Levo Healthcare for digital marketing services, vesting 10,000 shares/month over 36 months.
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