Nature's Miracle Holding Inc. (NMHI) Form 8-K — May 27, 2026
Nature’s Miracle Holding Inc. (NMHI) entered into a settlement agreement with 1800 Diagonal Lending LLC to resolve a federal lawsuit alleging defaults on convertible promissory notes. The original debt amount, including accrued and default interest at 22% per annum, was approximately $791,323, which has been reduced to a settlement amount of $575,000. The settlement requires NMHI to reserve 222,000,000 shares of common stock for the exclusive benefit of the lender to satisfy conversion rights under the July and December notes.
Key figures
- Shares reserved
- 222000000
- Settlement amount
- 575000
- Default interest rate
- 22%
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