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KIDZ AI issues USD 1.9 million senior secured convertible note to Solana Growth Ventures

PUBT·09/17/2026 20:32:21
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KIDZ AI issues USD 1.9 million senior secured convertible note to Solana Growth Ventures
  • Completed an additional closing under a May 30, 2025 securities purchase agreement with Solana Growth Ventures.
  • Issued a USD 1.9 million senior secured convertible note; proceeds reduced by placement agent fees and offering expenses.
  • Note carries 7% annual interest; matures Sept. 17, 2028; interest payable quarterly.
  • Holder conversion option into Class B common stock at an initial USD 3.67 per share, subject to adjustments.
  • Debt ranks senior to other indebtedness; secured by a first-priority perfected security interest, subject to permitted liens.


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. KIDZ AI 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: 0001477932-26-005667), on September 17, 2026, and is solely responsible for the information contained therein.