Amaze Holdings Inc. Secures $1.08 Million in Private Placement Promissory Notes for Working Capital

Reuters
05-21
<a href="https://laohu8.com/S/AMZE">Amaze Holdings Inc.</a> Secures $1.08 Million in Private Placement Promissory Notes for Working Capital

Amaze Holdings Inc., formerly known as Fresh Vine Wine, Inc., has entered into a new financing agreement with accredited investors, raising $1,080,000 through the issuance of subordinated secured promissory notes. Issued on May 14 and May 20, 2025, the notes were sold at a discount, resulting in $900,000 in gross proceeds for the company. The six-month term notes bear a simple interest rate of 10% and are secured by the company's assets, though they are subordinate to other secured debts. The funds raised will be used for working capital and general corporate purposes. One of the investors is affiliated with company director David Yacullo. The transaction was conducted as a private placement, relying on exemptions from registration under the Securities Act.

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. Amaze Holdings 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: 0001554795-25-000142), on May 20, 2025, and is solely responsible for the information contained therein.

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