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Amaze Holdings ( (AMZE) ) has issued an update.
On May 14 and May 20, 2025, Amaze Holdings, Inc. issued and sold $1,080,000 in subordinated secured promissory notes to accredited investors, including an affiliate of a company director, in a private placement. The company received gross proceeds of $900,000 after an original issuance discount and plans to use these funds for working capital and general corporate purposes. The notes have a six-month term with a 10% interest rate, are secured by company assets, and are subordinated to other secured debts. This financial move is expected to impact the company’s operations by bolstering its working capital, potentially enhancing its market positioning.
More about Amaze Holdings
Average Trading Volume: 184,977
Technical Sentiment Signal: Sell
Learn more about AMZE stock on TipRanks’ Stock Analysis page.