BioCorRx Inc. (OTCPK:BICX) announced a private placement of two promissory notes at $125,000 per note for gross proceeds of $250,000 on January 26, 2018. The transaction included participation from two investors. The notes bear fixed interest rate of 8% per annum and will mature on July 26, 2018. The notes may be prepaid at any time without penalty. The company will issue an aggregate of 100,000 inducement shares worth $50,000 to the investors within 15 days of receipt of funds from the investors.