debt
confidence high
sentiment neutral
materiality 0.55
Odyssey Health, Inc. (ODYY): debt financing — Odyssey Health enters $100K promissory note with 18% interest, issues 100K-share warrant at $0.10
Odyssey Health, Inc.
- Note for $100,000 from Peter D'Arruda, due Sept. 30, 2026, with 18% annual interest.
- Company issued a warrant to purchase 100,000 shares of common stock at $0.10 per share.
- Warrant exercisable for five years from Oct. 1, 2025; contains 4.99% beneficial ownership limitation.
- Proceeds provide working capital; borrower may prepay without penalty before maturity.