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Healthy Extracts issues $258,750 convertible note in unregistered private placement

PUBT·07/24/2026 10:01:44
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Healthy Extracts issues $258,750 convertible note in unregistered private placement
  • Healthy Extracts entered a private placement with Labrys Fund II, issuing a USD 258,750 Promissory Note with a USD 33,750 original issue discount.
  • Net proceeds totaled USD 225,000, minus expenses; the note carries 10% interest earned in full in advance, matures in one year.
  • Conversion allowed after 180 days at the lower of USD 2 per share or 75% of the lowest 15-day closing bid.
  • Monthly amortization payments of USD 36,964 begin Jan. 18, 2027 for six months unless converted; prepayment requires holder consent.
  • Unregistered offering relied on Securities Act Section 4(a)(2); conversion shares also covered under the exemption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Healthy Extracts Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001096906-26-001117), on July 24, 2026, and is solely responsible for the information contained therein.