Americrew, Inc. announced that it has entered into a securities purchase agreement with three accredited investors for a private placement of 8% Secured Convertible Promissory Notes for gross proceeds of $130,000 on December 16, 2021. The company also issued five-year warrants to purchase additional shares of common stock. Each warrant is exercisable at a price of $1.9032 per share for five-years. The note accrues interest at a rate of 8% per annum. The company has issued securities pursuant to exemption provided under Section 4(a)(2) of the Securities Act of 1933 and/or Rule 506(b) of Regulation D. The Notes are due December 2, 2023. The notes bear interest at 8% per annum payable quarterly, convertible into common stock at a conversion price of $1.9032 per share, subject to certain adjustments. Furthermore, at any time after the 12 month anniversary of the date of issuance of the notes, the company may, after written notice to the investor, redeem all of the then outstanding principal amount of the Notes for cash in an amount equal to the sum of 110% of the then outstanding principal amount of the note, accrued but unpaid interest and all liquidated damages and other amounts due in respect of the Note. The company’s obligations under the notes are secured by a first priority lien on all of the assets of the company and its wholly-owned subsidiaries and have entered into a guaranty agreement for payment of the notes.