RMX Industries RMXI

RMX Industries issues $295,550 note

Item 1.01 Enters material agreement, Item 2.03 Takes on debt, Item 3.02 Unregistered share sale

Form
8-K
Filed
Importance
Major
  1. Entered into a $295,550 12% promissory note with Vanquish Funding Group Inc.
  2. Note includes $38,550 original issue discount and $257,000 purchase price.
  3. Note matures on October 15, 2027, with potential for $1,100,000 in additional financing.
  4. Note is subordinate to senior secured convertible notes issued in 2025.

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

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