other material
confidence high
sentiment neutral
materiality 0.60
Vnue raises $30k via Series B Preferred sale to GHS Investments, amends conversion price formula
VNUE, Inc.
- Sold 30 shares of Series B Convertible Preferred at $1,000/share to GHS Investments for $30,000.
- Issued 2 commitment shares and a 5-year warrant to buy common shares upon conversion of Preferred Stock.
- Filed Second Amended Certificate of Designation setting conversion price as lower of prior closing or 100% of 15-day VWAP.
- Securities issued under Section 4(a)(2)/Reg D exemption; no public offering.
- Transaction closed July 5, 2022; GHS Investments is the sole purchaser.