2026-03-25 13:21:49
OneMeta Inc. Enters First Amendment to Note and Warrant Purchase Agreement, Consolidating $2.2 Million in Notes
Expected Stock impact: Slightly Positive
On March 17, 2026, OneMeta Inc. announced that it has entered into a First Amendment to its Note and Warrant Purchase Agreement originally dated October 31, 2025. This amendment consolidates existing notes totaling $2 million and an additional $200,000 issued on February 11, 2026, into a single note with an aggregate principal amount of $2.2 million. The maturity date for this consolidated note is set for the earlier of March 26, 2026, or upon an Event of Default. Investors will have the option to receive payments in cash or shares of common stock based on the conversion price. This strategic move is expected to streamline the company's financing structure and provide clarity on repayment terms, which may positively influence investor sentiment and stock performance in the near term.
