Recent Updates — HNOI
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.
HNO International, Inc. amended its May 8, 2026, 8-K to include disclosure of a Securities Purchase Agreement, Convertible Promissory Note, and Common Stock Purchase Warrant with Lambda Ventures, LLC, entered into on May 5, 2026. The Lambda Ventures transaction involved $62,500 in gross proceeds, a $67,500 principal amount note with an 8% interest charge, and a warrant to purchase 385,000 shares at $0.25 per share. This amendment also restates the previously disclosed Monroe Street Capital Partners, LP transaction from the same date. HNO International, Inc. is a company that operates in the technology and communications sector.