Three directors resign after D&O insurance lapse; $550K convertible note issued

Sigyn Therapeutics, Inc.

Directors Richa Nand, Michael Ryan, and Christopher Wetzel resigned on Aug 7-8, 2025 due to lapse of D&O coverage.
D&O insurance policy expired Aug 4, 2025; no replacement in place; company evaluating alternatives.
Entered agreement with Lambda Venture Partners for up to $550K principal, $500K funding; first tranche $110K/$100K.
Notes bear 8% interest, one-year term, convertible at 35% discount to lowest traded price in prior 10 days.
No warrants issued; securities sold under Section 4(a)(2) exemption.

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