Item 1.01. Entry into a Material Definitive Agreement.
On
The Note bears interest at a rate of 10% per annum and matures on
The Buyer has the right from time to time, and at any time during the period
beginning on the date that is 180 days following
The conversion price of the Note equals the lesser of the Variable Conversion
Price (as hereinafter defined) and
The foregoing description of the SPA and the Note does not purport to be complete and is qualified in its entirety by reference to the SPA and the Note, copies of which are filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K and which are incorporated herein by reference.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information provided in Item 1.01 above regarding the Note is incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit Description Number 10.1 Securities Purchase Agreement, datedJanuary 12, 2022 , by and between the registrant andSixth Street Lending LLC . 10.2 Convertible Promissory Note, datedJanuary 12, 2022 , issued by the registrant toSixth Street Lending LLC . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
© Edgar Online, source