Eva Live Inc. entered into a securities purchase agreement with Streeterville Capital, LLC to issue a $7.56 million secured convertible note, expected to deliver $7.0 million in gross proceeds at closing. The note carries an 8% original issue discount and 8% annual interest, matures 24 months after closing, and is convertible into common stock at 87% of the lowest 10-day VWAP subject to a $0.90 floor price. Streeterville also has the right for 24 months after closing to purchase up to an additional $4.32 million of notes on the same terms.
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. Eva Live Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-007916), on February 24, 2026, and is solely responsible for the information contained therein.