Financing ·
On September 4, 2026, HNO International, Inc. entered into a Securities Purchase Agreement with CFI Capital LLC to…
HNOIHNO International, Inc.
On September 4, 2026, HNO International, Inc. entered into a Securities Purchase Agreement with CFI Capital LLC to issue a Convertible Redeemable Note with an aggregate principal amount of $210,000 and an original issue discount of $21,000, resulting in net proceeds of $189,000. The note matures on September 4, 2027, bears interest at 6% per annum, and is convertible into common stock at a price equal to 60% of the lowest trading price over the preceding 20 days, subject to adjustments for DTC 'Chill' conditions or events of default. The company irrevocably reserved approximately 49.3 million shares for potential conversions and included a most-favored-nation provision allowing the holder to elect more favorable terms if better terms are offered to other investors. HNO International, Inc. operates in the technology sector, providing IT services and solutions.