EX-10.5
from 8-K/A
4 pages
On September 23, 2024, Borrower, Guarantors, and Lender Entered Into That Certain Second Amendment to Loan Agreement Whereby Borrower and Lender Agreed to Consolidate Previously Outstanding Debt Into a Single Convertible Note (The “2024 Cp Bf Convertible Note”). as of October 1, 2025, There Is an Aggregate of $6,861,926.46 Outstanding Under the 2024 Cp Bf Convertible Note. Borrower Currently Has 222,367 Shares of Class a Common Stock, Par Value $0.0001 (The “Class a Common Stock”) Registered on Form S-1 With Registration Number 333-282306 (The “Registered Shares”). Borrower, Guarantors, and Lender Each Desire to Amend Certain Provisions of the Loan Agreement and 2024 Cp Bf Convertible Note on the Terms and Conditions Set Forth in This Letter Agreement, and Agree as Follows: Conversion Price Adjustment and Initial Conversion
12/34/56