International Land Alliance Secures Up to $50 Million Convertible Loan from Mast Hill Fund
Reuters
Nov 22, 2025
International Land Alliance Secures Up to $50 Million Convertible Loan from Mast Hill Fund
International Land Alliance, Inc. has entered into a new financing agreement with Mast Hill Fund L.P. Under the terms, International Land Alliance issued a Convertible Promissory Note to Mast Hill for up to $50 million, structured in funding tranches. The note carries a 10% original issue discount, accrues 12% annual interest, and matures 12 months from each tranche issuance. Mast Hill has the option to convert the note into common stock at 85% of the lowest volume weighted average price during the five trading days preceding the conversion date. Additionally, the company issued a second convertible note for $5,209,000 to Mast Hill as part of a separate maintenance agreement, with similar conversion terms and a 12-month maturity. Both transactions were conducted as private placements to accredited investors.
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