SinglePoint Inc. announced that it has entered into a securities purchase agreement to issue convertible promissory notes at a principal amount of $1,250,000 for the gross proceeds of $1,000,000 on April 26, 2024. The notes were issued at a discount of $250,000. The notes will have a coupon rate of 12% and will be matured on April 26, 2026.

The transaction will include participation from new investor, Target 10 Capital LLC.