Visionary Holdings Secures $450,000 Convertible Debt Financing

Reuters
Feb 14
<a href="https://laohu8.com/S/GV">Visionary Holdings</a> Secures $450,000 Convertible Debt Financing

Visionary Holdings Inc. has secured $450,000 in debt financing through a new securities purchase agreement with an existing institutional investor. In December 2025, the company issued a senior secured convertible promissory note with a principal amount of $500,000, which is convertible into common stock at $1.44 per share, subject to adjustments. This note carries interest at the greater of the prime rate plus 4.5% or 9% per annum, with an increased rate of 18% in the event of default, and matures on December 11, 2026. This financing follows a previous $1.5 million convertible note issued in January 2025, with the main differences being updated economic and conversion terms in the new agreement.

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