Applife Digital takes $60K note, issues 20M shares
Applife Digital Solutions, Inc. entered into a financing agreement on March 9, 2026 by issuing a convertible promissory note with a principal amount of $60,000, which includes a $6,000 original issue discount for a purchase price of $54,000.
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Rhea-AI Filing Summary
Applife Digital Solutions, Inc. entered into a financing agreement on March 9, 2026 by issuing a convertible promissory note with a principal amount of $60,000, which includes a $6,000 original issue discount for a purchase price of $54,000. The note carries a one-time interest charge of $7,200 at 12%, matures in 12 months, and may be converted into common stock at 65% of the lowest traded price over the 10 trading days before conversion, subject to a 4.99% beneficial ownership cap.
On the same date, Applife Digital Solutions entered a six-month investor relations and digital marketing services agreement with PCG Advisory, Inc. and PRISM Digital Media. As compensation, PCG Advisory will receive 20,000,000 shares of common stock for services under this agreement.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What financing agreement did Applife Digital Solutions (ALDS) enter on March 9, 2026?
How can the Applife Digital Solutions (ALDS) note be converted into common stock?
What interest terms apply to the Applife Digital Solutions (ALDS) convertible note?
What investor relations agreement did Applife Digital Solutions (ALDS) sign?
How were Applife Digital Solutions (ALDS) securities issued under exemptions?
Which key contracts did Applife Digital Solutions (ALDS) execute on March 9, 2026?
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filing Exhibits & Attachments
7 documentsAgreements & Contracts
Other Documents
- EX-4.1 CONVERTIBLE PROMISSORY NOTE DATED NOVEMBER 19, 2025 111.4 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 1.8 KB
- EX-101 XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT 14.0 KB
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 9.1 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.3 KB