Cbdmd announces additional conversions of its convertible notes

Charlotte, north carolina--(newsfile corp. - january 8, 2025) - cbdmd, inc. (nyse american: ycbd) (nyse american: ycbdpa), a leading and highly trusted cbd company known for its flagship brands cbdmd and paw cbd, as well as its innovative functional mushroom brand atrx labs, today announced that the company has reduced the principal amount outstanding on its senior secured convertible notes to approximately $56,000 as of january 8, 2025 as certain holders of the notes have converted amounts under the notes. since the start of the year, the company has issued an aggregate of 609,717 shares of common stock as a result of conversion requests and the aggregate balances under the notes have been reduced by approximately $309,000 of principal in addition to accrued interest.
YCBD Ratings Summary
YCBD Quant Ranking