IIOT-OXYS entered into Extension No. 7 to its Convertible Promissory Note with GHS, pushing the maturity to Oct 31, 2026. The $75,000 note, first issued in 2020 and previously extended multiple times, now benefits from GHS's waiver of all prior events of default. The amendment provides additional time and flexibility to manage obligations.
Agreement details:
- Agreement type: Extension No. 7 to Convertible Promissory Note (maturity extension and default waiver)
- Counterparty: GHS Investments
- Signed / Effective: May 21 2026 / May 21 2026
- Duration / Termination: Through Oct 31 2026
- Reason: Extend maturity and obtain waiver of prior defaults
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.