Cloudastructure issues 22,297 shares to Streeterville Capital in unregistered exchange
CSAI•Exemption used for the transaction
The transaction relied on the Securities Act Section 3(a)(9) exemption; no additional consideration was paid.
Effect on the original note and delivery date
The exchange reduces the outstanding balance of the original note by $108,332.50; the remaining balance stays in effect.
The shares are due to be delivered by Aug. 10, 2026, and the partitioned note will be cancelled on the Free Trading Date.
Unregistered exchange for part of promissory note
Cloudastructure agreed to issue 22,297 Class A common shares to Streeterville Capital in an unregistered exchange.
The shares will be issued for a $108,332.50 partitioned promissory note carved out of a $1.3 million note dated June 30, 2026.
