Loan Extension Amendment for $800,000 Convertible Promissory Note Sample Contracts
CONDUIT PHARMACEUTICALS INC.Loan Extension Amendment for $800,000 Convertible Promissory Note • October 15th, 2024 • Conduit Pharmaceuticals Inc. • Pharmaceutical preparations
Contract Type FiledOctober 15th, 2024 Company IndustryThis letter serves as a formal agreement to amend the terms of the Convertible Promissory Note (the “Note”) dated March 20, 2023 between Conduit Pharmaceuticals Limited, a wholly-owned subsidiary of Conduit Pharmaceuticals Inc. (“Conduit” or the “Company”) and Vrezh Isayan and Sharon Lee Isayan (“Payees”), for the Principal Amount of $800,000, originally due on September 20, 2024 (the “Amendment”). This Amendment is effective as of September 20, 2024.
