APPlife Digital Solutions enters USD 170,000 convertible note financing with accredited investor
ALDS•Convertible note financing details
APPlife Digital Solutions entered a Securities Purchase Agreement on Aug. 5, 2026, issuing a 6% convertible redeemable promissory note.
- Principal totaled USD 170,000 with a USD 17,000 original issue discount, implying USD 153,000 in proceeds.
- The note matures on Aug. 5, 2027.
- Conversion starts at six months, priced at 65% of the lowest trading price over the prior 20 trading days.
- Prepayment is allowed in the first 180 days, with premiums from 105% to 140% of outstanding principal and interest.
