debt
confidence high
sentiment neutral
materiality 0.50
Ankam Inc. enters MOU to issue $500K convertible note to Hatcher Opportunities LP
Ankam, Inc.
- MOU signed Sep 17, 2024 with Hatcher Opportunities LP for a convertible note of $500,000.
- Convertible note carries $20,000 coupon, conversion price $8.00/share, maturity Dec 31, 2024.
- Upon conversion, 65,000 shares issued; principal waived, exercisable only at maturity.
- Proceeds used for working capital and business development.