T Stamp raises $5M net via secured note to counter short-selling; cash position >$7.6M

T Stamp Inc

Issued $5.51M secured promissory note to Streeterville Capital; net proceeds $5M after $500K OID and $10K fees.
Note bears 9% annual interest, matures June 25, 2028; secured by all company assets.
CEO states financing addresses apparent short selling; cash and receivables now exceed $7.6M.
Mandatory prepayment of 50% of any future fundraising proceeds until note fully repaid.
Investor monthly redemption rights begin June 25, 2027; exit fee of 7% applies after Dec 25, 2026.

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