other material
confidence high
sentiment neutral
materiality 0.65
Bubblr enters $700K Series C preferred sale and $15M equity line with GHS Investments
Bubblr Inc.
- GHS Investments purchases $300,000 Series C Preferred (300 shares) in initial tranche; total potential up to $700,000.
- Second tranche of $200,000 due 10 days after S-1 filing; additional tranches of $100,000 every 30 days.
- Equity financing agreement with GHS provides up to $15M at 80% of market price (90% after NASDAQ up-list).
- Series C Preferred features: $1,200 stated value, 8% annual dividend, convertible, redeemable at 115–120% of stated value.
- Warrants issued for 75% of conversion shares; registration rights for resale of underlying common.