debt
confidence high
sentiment neutral
materiality 0.60
Regen Biopharma enters $130K convertible note financing with CFI Capital
Regen BioPharma Inc
- Issued a 6% convertible promissory note for $130,000 principal; $13,000 original issue discount, net proceeds $117,000.
- Note matures July 28, 2026; interest payable in common stock at holder's option.
- Conversion price set at 60% of lowest trading price over prior 20 trading days on OTC Markets.
- Company reserved 15,700,485 common shares for conversion; holder must maintain 5x coverage reserve.
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