Loan & DebtMay 27, 2026, 12:27 PM
IIOT-OXYS Extends $75K Convertible Note to Oct 31, 2026; Defaults Waived
AI Summary
IIOT-OXYS, Inc. entered into Extension No. 7 to its Convertible Promissory Note with GHS Investments LLC on May 21, 2026. This extension pushes the maturity date of the $75,000 note from April 29, 2026, to October 31, 2026. Additionally, GHS Investments LLC waived all prior events of default by the company.
Key Highlights
- IIOT-OXYS extended its $75,000 Convertible Promissory Note with GHS Investments LLC.
- The original note was issued on July 29, 2020, for $75,000.
- The maturity date was previously extended to April 29, 2026, via Extension No. 6.
- Extension No. 7, dated May 21, 2026, further extends the maturity date to October 31, 2026.
- GHS Investments LLC waived all prior Events of Default, known or unknown, as of the extension's effective date.
Price Impact
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