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Cloudastructure swaps 1,170 Series 2 preferred shares for USD 1.3 million promissory note
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Cloudastructure swaps 1,170 Series 2 preferred shares for USD 1.3 million promissory note
  • Cloudastructure exchanged 1,170 Series 2 Convertible Preferred Stock shares for an unsecured promissory note with principal of $1.3 million.
  • The Exchange Note carries 9.5% annual interest, matures July 30, 2027.
  • Redemptions can start July 30, 2026, up to $108,332.50 per month, with accrued interest.
  • The 1,170 Series 2 shares were cancelled as part of the exchange.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cloudastructure Inc. published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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