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Forza Innovations announces $0.48M financing agreement

Jun. 15, 2022 9:34 AM ETForza Innovations Inc. (FORZ) StockBy: Pranav Ghumatkar, SA News Editor
  • Forza Innovations (OTCPK:FORZ) has announced that the Co. has entered into a promissory note in the principal amount of $0.48M.
  • The Note will bear interest at an interest rate of 10% per annum for the twelve-month term and is only convertible upon default.
  • From the proceeds of the Note, the Co. has paid off in full a previous promissory note in the principal amount of $0.18M.
  • This financing will support our ongoing WarmUp business operations as well as new and exciting projects.

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