Eva Live Inc. has entered into a Securities Purchase Agreement with Streeterville Capital, LLC to sell a secured convertible note with an aggregate original principal amount of $2,160,000. The company will receive gross proceeds of $2.0 million, which it intends to use for working capital, general corporate purposes, and business objectives. The Initial Note includes an 8% original issue discount, bears 8% annual interest, and matures in 24 months, with a conversion price tied to VWAP and a floor of $0.472. The agreement also grants the investor the right to purchase an additional $1,250,000 note and includes various investor-friendly terms such as prepayment penalties and default triggers.