Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Expion360 Inc. entered into Securities Purchase Agreement valued at $2,750,000 (effective 2023-12-27).
- Action
- entry
- Agreement
- notes offering
- Value
- $2,750,000
- Effective
- 2023-12-27
Exact text from the filing
On December 27, 2023 (the “Closing Date”), Expion360 Inc., a Nevada corporation (the “Company”), entered into that certain securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Note Investor”), pursuant to which the Company sold, and the Note Investor purchased, (a) a senior unsecured convertible note issued by the Company (the “Note,” and such financing, the “Convertible Note Financing”) in the aggregate original principal amount of $2,750,000
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Expion360 Inc. entered into Equity Line Purchase Agreement valued at $20,000,000 (effective 2023-12-27).
- Action
- entry
- Agreement
- equity purchase
- Value
- $20,000,000
- Effective
- 2023-12-27
Exact text from the filing
On December 27, 2023, the Company entered into that certain common stock purchase agreement (the “Equity Line Purchase Agreement”) with an institutional investor (the “Equity Line Investor”). Under the terms and subject to the conditions of the Equity Line Purchase Agreement, the Company has the right, but not the obligation, to sell to the Equity Line Investor, and the Equity Line Investor is obligated to purchase, up to the lesser of (a) $20,000,000 in aggregate gross purchase price of newly issued Common Stock
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