debt
confidence high
sentiment neutral
materiality 0.55
Odyssey Health extends convertible note maturity to Dec 31, 2022; adds $115K principal
Odyssey Health, Inc.
- Amendment with LGH Investments extends $1.05M convertible note maturity to Dec 31, 2022; principal increased by $115,000.
- Separate amendments with three directors and two officers extend five promissory notes ($25K each) to same Dec 31, 2022 maturity.
- All other terms of the underlying notes remain unchanged.
- Total incremental debt from the LGH amendment is $115,000; no new borrowing from officer/director notes.