debt
confidence high
sentiment neutral
materiality 0.20
Propanc Biopharma issues $60,000 promissory note to accredited investor
Propanc Biopharma, Inc.
- Principal amount $60,000; purchase price $50,000 (implicit $10,000 discount).
- Maturity July 15, 2025; interest at 10% per annum.
- Repayment at 100% of principal if on/before July 7, 2025; 120% if after through Aug 7, 2025.
- Proceeds for general working capital; note issued under Section 4(a)(2) private placement.
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