<a href="https://laohu8.com/S/BLMH">Blum Holdings Inc.</a> Secures $750,000 in New Financing Through Unsecured Promissory Notes with Investor
Blum Holdings Inc. has entered into two new financing agreements with investors through the issuance of unsecured promissory notes. The first note, dated September 16, 2025, involves a principal amount of $500,000 with a maturity date set for September 16, 2027. This note bears an interest rate of 8.0% per annum, payable monthly starting January 15, 2026, and includes an option for conversion into shares at a pre-determined rate. Additionally, the lender is granted warrants to purchase up to 571,429 shares of Blum's common stock at $0.35 per share. The following day, on September 17, 2025, Blum Holdings executed a second unsecured promissory note for $250,000 under similar terms, with the lender obtaining warrants to purchase up to 285,714 shares. Both notes are convertible into shares based on an 85% conversion price of a $20,900,000 pre-money valuation. These agreements reflect Blum's strategic financial maneuvers to bolster its capital structure.
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