Universal Digital defers maturity of US$ 325,000 convertible note to March 1, 2027

Bitget2026/09/24 22:00

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Universal Digital amended its US$325,000 convertible promissory note, extending maturity to March 1, 2027 from August 15, 2026.
6% annual simple interest will accrue to maturity, subject to default provisions.
US$175,000 repayment due by October 15, 2026; related default charges waived if paid and no subsequent default occurs.
Fixed settlement of 3,567,000 common shares tied to a change-of-control transaction closing by March 1, 2027.
Share settlement expires without a qualifying transaction; any unpaid balance remains outstanding under the Note.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Digital Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609241800NEWSFILECNPR____20260924_315853_1) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Universal Digital defers maturity of US$ 325,000 convertible note to March 1, 2027

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