ScanTech AI Systems Inc. has entered into a Loan and Security Agreement with Maximcash Solutions LLC, involving the issuance of 1,050,000 shares of its common stock. This includes 1,000,000 "Pledge Shares" as security for a $500,000 loan, and 50,000 "Consulting Shares" for consulting services. The document does not specify the price per share for these transactions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.