Announcement • Jul 06
Sweet Earth Holdings Corporation, Annual General Meeting, Sep 02, 2025 Sweet Earth Holdings Corporation, Annual General Meeting, Sep 02, 2025. Announcement • Jun 06
Sweet Earth Holdings Corporation announced that it expects to receive $10 million in funding Sweet Earth Holdings Corporation announced a non-brokered private placement of unsecured convertible debentures, for aggregate gross proceeds of $10,000,000 from a strategic investor on June 05, 2025. The Debentures will mature 36 months following the date of issuance. The Debentures will bear interest at a rate of 5% per annum, payable in Bitcoin, USDT, or Ethereum. The outstanding principal amount owed under the Debenture may be converted into common shares of the Company at a conversion price of $1.25 at the election of the holder at any time on or before the Maturity Date or Forced Conversion. The Debentures are also subject to forced conversion (“Forced Conversion”), whereby the outstanding principal amount and any accrued and unpaid interest thereon will automatically convert into Shares; (a) if from the closing of the Offering to the Maturity Date, the Company completes one or more financings of debt or equity securities (each a “Company Financing”) for aggregate gross proceeds of at least US$100,000,000, the principal amount of the Debentures will automatically convert to Shares at a price per Share equal to a 20% discount to the offering price of the securities issued in the most recent Company Financing, subject to the policies and pricing requirements of the Canadian Securities Exchange; or (b) on Maturity, the outstanding principal amount of the Debentures will automatically convert to Shares at a price per Share equal to the higher of: (i) the Conversion Price; or (ii) a 20% discount to the 30-day volume weighted average price of the Shares on the Canadian Securities Exchange or such other market as the Shares may trade from time to time. The company may pay a 4.5% cash finder’s fee to certain arm’s length finders in connection with the closing of the Offering. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The Offering is not subject to a minimum aggregate amount of subscriptions. Board Change • May 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Shannon Anderson was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
