Visionary Holdings Inc. has secured $450,000 in debt financing through a new securities purchase agreement with an existing institutional investor. In December 2025, the company issued a senior secured convertible promissory note with a principal amount of $500,000, which is convertible into common stock at $1.44 per share, subject to adjustments. This note carries interest at the greater of the prime rate plus 4.5% or 9% per annum, with an increased rate of 18% in the event of default, and matures on December 11, 2026. This financing follows a previous $1.5 million convertible note issued in January 2025, with the main differences being updated economic and conversion terms in the new agreement.
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. Visionary Holdings Inc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654580-en) on February 13, 2026, and is solely responsible for the information contained therein.