Brag House to issue USD 2.5 million senior secured convertible notes at 25% discount
Brag House Holdings, Inc. TBH | 0.00 |
- Brag House Holdings entered a purchase agreement May 4, 2026 to issue USD 2.5 million of senior secured convertible notes to institutional investors.
- Investors funded USD 1.88 million, reflecting a 25% original issue discount.
- Notes mature Feb. 4, 2027, carry 12% interest with a 17.5% default rate, convert at USD 0.71 per share.
- Company will issue 3,000,000 common shares as a commitment fee.
- Net proceeds were deposited with House of Doge in anticipation of closing a merger with House of Doge.
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. Brag House Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-053894), on May 08, 2026, and is solely responsible for the information contained therein.
