Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Ainos, Inc. amended loan of $300,000 in principal with Ainos, Inc., a Cayman Islands company at 1.85% per annum maturing March 31, 2025.
- Instrument
- loan
- Principal
- $300,000 in principal
- Counterparty
- Ainos, Inc., a Cayman Islands company
- Rate
- 1.85% per annum
- Maturity
- March 31, 2025
- Event
- amendment
Exact text from the filing
On August 17, 2023, Ainos, Inc., a Texas corporation (the “Company”), executed a Promissory Note Extension Agreement (the “KY Agreement”) to extend the maturity date of that certain Non-Convertible Promissory Note in favor of Ainos, Inc., a Cayman Islands company, dated March 17, 2022 in the Principal Amount of $800,000 and 1.85% per annum interest on unpaid principal and accrued interest (the “KY Note”). Pursuant to the KY Agreement, the unpaid amounts due under the Note are $300,000 in principal along with accrued interest and the maturity date is extended to March 31, 2025.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Ainos, Inc. amended Promissory Note Extension Agreement with Ainos, Inc., a Cayman Islands company valued at $300,000 (effective 2023-08-17).
- Action
- amendment
- Counterparty
- Ainos, Inc., a Cayman Islands company
- Value
- $300,000
- Effective
- 2023-08-17
Exact text from the filing
On August 17, 2023, Ainos, Inc., a Texas corporation (the “Company”), executed a Promissory Note Extension Agreement (the “KY Agreement”) to extend the maturity date of that certain Non-Convertible Promissory Note in favor of Ainos, Inc., a Cayman Islands company, dated March 17, 2022 in the Principal Amount of $800,000 and 1.85% per annum interest on unpaid principal and accrued interest (the “KY Note”).
View on SEC.gov