Inuvo Exchanges $1.2 Million in Debt for $1.31 Million Secured Note With Streeterville Capital
Bitget2026/11/02 21:54- Inuvo exchanged $1.2 million of Secured Promissory Note B principal with Streeterville Capital on October 27, 2026.
- The replacement Secured Promissory Note A-2 totals $1.31 million; the exchange released $1.2 million from a controlled deposit account.
- The new note matures June 29, 2028, carrying 9% annual interest compounded daily.
- Streeterville may redeem up to $750,000 monthly starting March 29, 2027, with make-whole interest.
- From December 29, 2026, limited redemptions allow 8% of cumulative trading value if shares trade 10% above NYSE Minimum Price.
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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