Loan & DebtApr 6, 2026, 04:06 PM
Hawkeye Systems Issues $2.77 Million Convertible Promissory Note to Hawkeye Holdco LLC
AI Summary
Hawkeye Systems issued a $2.77 million non-interest bearing Convertible Promissory Note to Hawkeye Holdco LLC in exchange for an existing note previously issued to Steve Hall. The note has a 24-month maturity and can be converted into common stock at an initial conversion price of $0.12, subject to adjustments.
Key Highlights
- Hawkeye Systems issued a $2.77 million Convertible Promissory Note to Hawkeye Holdco LLC.
- The note is non-interest bearing and matures in 24 months.
- The note is convertible into common stock at an initial conversion price of $0.12, subject to adjustments for dividends, stock splits, and future equity issuances at lower prices.
Price Impact
More from HWKE