v3.26.1
SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2026
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 14 –SUBSEQUENT EVENTS

 

On July 8, 2026, at the Company’s Annual Meeting of Shareholders, the Company obtained Shareholder Approval required under the terms of its Notes. As a result of such approval, the automatic conversion feature was triggered and all outstanding Notes were converted into shares of the Company's Preferred Stock. The conversion resulted in the issuance of 6,825.4 shares of Preferred Stock in exchange for aggregate outstanding principal and accrued interest of approximately $6,841,325 of the Notes at the conversion price of $1,000 per share. Following the conversion, the Notes were no longer outstanding.