Financing ·
GridAI Technologies Corp. entered into a $2,000,000 secured convertible promissory note with Pronghorn Resources, LLC…
ENTOGridAI Technologies Corp.
GridAI Technologies Corp. entered into a $2,000,000 secured convertible promissory note with Pronghorn Resources, LLC on July 17, 2026. The loan is secured by all of Pronghorn's assets and bears a 7% annual interest rate, with the principal and interest due by December 31, 2026, or upon a Change of Control Transaction. In the event of an Event of Default, the Company may elect to convert the amount due into a 10% fully diluted capitalization of Pronghorn. GridAI Technologies Corp. provides artificial intelligence and grid management solutions for the energy sector.