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GridAI Technologies GRDX

GridAI Technologies enters $5M loan agreement with Pronghorn

Item 1.01 Enters material agreement

Form
8-K
Filed
Importance
Major
  1. $5,000,000 Third A&R Note issued
  2. Maturity date is Dec 31, 2026 or Change of Control
  3. Interest rate of 7% after maturity
  4. Conversion right to 10% of Pronghorn's equity

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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