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SUBSEQUENT EVENTS (Details Narrative) - Securities Purchase Agreement - Subsequent Event
Nov. 07, 2023
USD ($)
$ / shares
Interest rate per annum 12.00%
Conversion price increased | $ / shares $ 1.55
Description of agreement we can require Investors to convert the Notes at the then current conversion price at any time after 90 days from the issue date if the Common Stock has a closing bid price of $1.55 per share or higher on any twenty (20) days within a thirty (30) day period of consecutive trading days, or if a “fundamental change” occurs (as defined in the SPA).
Convertible Notes Issued $ 2,600,000
Aggregate principal amount 5,000,000
Gross proceeds from sale $ 2,600,000
Conversion price per share | $ / shares $ 1.25