debt
confidence high
sentiment neutral
materiality 0.50
Odyssey Health receives $300,000 via 18% promissory note; issues warrant for 300k shares
Odyssey Health, Inc.
- Received $300,000 from accredited investor Peter J. D'Arruda on August 22, 2024, per promissory note dated August 14, 2024.
- Note bears 18% annual interest, matures August 14, 2025; company may prepay at any time.
- Issued warrant to purchase 300,000 shares of common stock at $0.10 per share, exercisable for five years.
- Warrant contains 4.99% beneficial ownership limitation; shares unregistered.