debt
confidence high
sentiment neutral
materiality 0.60
Qualigen restructures $4.45M Marizyme note, secures assets, pro forma equity positive
AIxCrypto Holdings, Inc.
- Amended Note principal $4,451,462 with 18% interest, due Aug 21, 2026; includes $216K new advance.
- Marizyme granted security interest in substantially all assets under new Security Agreement.
- Pro forma balance sheet shows cash $4.59M, total equity $3.24M; company reports equity > $2.5M.
- Forbearance on demand for 365 days; default rate increases 5% per annum.
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