Nature's Miracle Holding Inc. Announces Up to $2,000,000 Financing
NATURE'S MIRACLE HLDG INC (NMHI)
Company Research
Source: PR Newswire
ONTARIO, Calif., April 14, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and with new subsidiaries operating in bitcoin mining, data center management and electric vehicles, today announced that on April 11, 2025, that it has successfully arranged financing with Big Lake Capital, LLC (the "Investor") in the amount of up to $2,000,000 with initial funding of $600,000. Big Lake Capital, LLC is controlled by Tie "James" Li who is our Chairman and CEO.Pursuant to the Convertible Promissory Note signed on April 11, 2025, between the Company and Investor, the Investor shall lend to the Company for up to $2,000,000 with the initial tranche of $600,000 which was funded on April 11, 2025. Terms include interest rate of 10% payable monthly and a term of one year. The investor can choose to convert any amount funded plus accrued interest is convertible into shares of common stock, par value $0.0001 per sh
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