Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / form-of-convertible-note-execution.docx
form-of-convertible-note-execution.docx
Parties
Skybridge Fintech Ltd
Kelvantis Lending Corp
Harkness LLP
Soo LLP
Dates
January 15, 2024
January 26, 2024
January 15, 2026
August 15, 2022
August 15, 2025
Amounts
$60,000,000
$3,600,000
$80,000,000
$750,000,000
$15.46
$120,000,000
$15,000,000
$1,000,000
$5,000,000
$125,000
Obligations
The Notes are being issued in one or more closings as set forth in the Note Purchase Agreement, and Notes issued at the Final Closing (as defined in the Note Purchase Agreement) shall bear a Date of Issuance of January 26, 2024
Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Note Purchase Agreement
Interest shall accrue on the outstanding principal amount of this Note at the rate of six percent (6
Interest shall not be payable in cash during the term of this Note
All accrued and unpaid interest shall be payable at the Maturity Date (as defined in Section 2 below), or upon conversion of this Note in accordance with Section 3 below, as applicable
For the avoidance of doubt, all accrued and unpaid interest shall be included in any conversion of this Note into equity securities of the Company and shall be treated in the same manner as outstanding principal for purposes of determining the number of shares issuable upon conversion