Cloudastructure swaps 1,170 Series 2 preferred shares for USD 1.3 million promissory note

Cloudastructure

Cloudastructure

CSAI

0.00
  • Cloudastructure exchanged 1,170 Series 2 Convertible Preferred Stock shares for an unsecured promissory note with principal of $1.3 million.
  • The Exchange Note carries 9.5% annual interest, matures July 30, 2027.
  • Redemptions can start July 30, 2026, up to $108,332.50 per month, with accrued interest.
  • The 1,170 Series 2 shares were cancelled as part of the exchange.


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. Cloudastructure Inc. published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.