APPlife Digital Solutions Inc. has announced a new financing agreement effective August 1, 2025, with an investor through a securities purchase agreement. The investor will purchase a convertible promissory note from APPlife Digital Solutions valued at $187,000 for a purchase price of $167,000. The company plans to use the net proceeds for general working capital. The agreement includes specific events of default, such as failure to pay principal and interest, maintain stock listing, and comply with SEC reporting requirements. This financing was executed as a private placement exempt from registration under specific provisions of 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. APPlife Digital Solutions 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: 0001096906-25-001243), on August 07, 2025, and is solely responsible for the information contained therein.