House of Doge unit issues $1.4 million subordinated note to Devlin DeFrancesco at 10.714% - HODO News | RalliesHouse of Doge unit issues $1.4 million subordinated note to Devlin DeFrancesco at 10.714%
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HODO• Dogecoin Ventures issues unsecured subordinated note
- House of Doge unit Dogecoin Ventures issued an unsecured subordinated short-term note for USD 1.4 million to Devlin DeFrancesco.
- The note matures July 27, 2027, with interest set at 10.714% per year, payable in cash at maturity or earlier repayment.
- Principal is to be repaid with 2,227,300 CleanCore Solutions common shares owned by the borrower; repayment is subordinated to the Yorkville loan.
- Early repayment is allowed only after the Yorkville loan is fully repaid, with interest still due as if held to maturity.
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