Livento Group (LIVG) inks $30K 8% convertible note with AES Capital
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Livento Group, Inc. entered into a financing agreement with AES Capital Management, LLC for a $30,000 note dated September 11, 2025. The note bears interest at 8% per annum and has a stated maturity on September 11, 2026.
The note is convertible into Livento Group common stock with a par value of $0.0001 per share, at a price equal to 65% of the average of the lowest trading price on three separate trading days, which may lead to share issuance at a discount to recent market levels.
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8-K Event Classification
Item 1.01 — Entry into a Material Definitive Agreement
1 item
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Key Figures
Convertible note principal: $30,000
Interest rate: 8% per annum
Maturity date: September 11, 2026
+1 more
4 metrics
Convertible note principal
$30,000
Financing agreement with AES Capital Management, LLC
Interest rate
8% per annum
On $30,000 financing note
Maturity date
September 11, 2026
Due date of the financing note
Conversion discount
65%
Of the average of the lowest trading price on three days
Key Terms
Material Definitive Agreement, financing agreement, convert[ed] into common shares, emerging growth company, +1 more
5 terms
Material Definitive Agreement regulatory
"Item 1.01. Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
financing agreement financial
"the company entered financing agreement with AES CAPITAL MANAGEMENT, LLC in amount of $30,000"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
par value financial
"Common Stock, $0.0001 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What financing agreement did Livento Group (LIVG) enter into?
Livento Group entered into a financing agreement with AES Capital Management, LLC for a $30,000 note. The note carries 8% annual interest and can be converted into common stock at a discounted price formula based on recent trading prices.
What are the key terms of Livento Group’s $30,000 note with AES Capital Management?
The note principal is $30,000 with interest at 8% per annum and a maturity date of September 11, 2026. It is convertible into common shares at 65% of the average of the lowest trading price across three separate trading days.
How is the conversion price of Livento Group (LIVG) note calculated?
The conversion price is set at 65% of the average of the lowest trading price of Livento Group’s common stock over three discrete trading days. This structure allows conversion at a discount to recent market trading levels when the note is converted.
When does Livento Group’s financing note with AES Capital mature?
The note entered into with AES Capital Management, LLC has a maturity date of September 11, 2026. Until that date, it accrues interest at 8% annually and may be converted into common stock according to its discount-based pricing formula.
What type of security backs the Livento Group (LIVG) financing agreement?
The financing agreement is structured as a convertible note. Any unpaid amounts can be converted into Livento Group common stock with a par value of $0.0001 per share, at a conversion price based on 65% of specified recent trading prices.