Qualigen closes $4.5M private placement of Series A-3 Preferred; conversion price $2.80

AIxCrypto Holdings, Inc.

Issued 4,500 Series A-3 Preferred shares at $1,000 each for $4.5M gross proceeds.
Initial conversion price $2.80 per share; convertible into 1,607,143 common shares.
Net proceeds to be used for working capital; up to $500k for investor relations.
Automatic reduction of Series A-2 conversion price from $3.64 to $2.80 triggered.
Company to file S-1 registration statement for resale of underlying shares within 45 days.

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