On May 8, 2024, SinglePoint Inc. completed a significant financial transaction involving a private placement with Target 10 Capital LLC. The agreement, dated April 26, 2024, resulted in SinglePoint receiving $1,000,000 in gross proceeds. In exchange, the company issued convertible promissory notes with an aggregate principal amount of $1,250,000 and pre-funded warrants for purchasing up to 1,000,000 shares of SinglePoint's common stock. The transaction also included a Registration Rights Agreement and a Pledge Agreement, with Boston Solar LLC involved in securing the company's obligations. The notes, bearing a 12% original issue discount, are due on April 26, 2026, and can be converted into common stock shares under certain conditions. Additionally, the company has the option to prepay the notes before maturity. The warrants allow the investor to purchase shares at a nominal price and contain provisions for adjustments in specific corporate scenarios. Furthermore, the agreement outlines the terms for a potential distribution of equity interests in Box Pure Air, LLC to SinglePoint's stockholders, with certain rights and obligations for the investor and the company.

On May 8, 2024, SinglePoint Inc. completed a significant financial transaction involving a private placement with Target 10 Capital LLC. The agreement, dated April 26, 2024, resulted in SinglePoint receiving $1,000,000 in gross proceeds. In exchange, the company issued convertible promissory notes with an aggregate principal amount of $1,250,000 and pre-funded warrants for purchasing up to 1,000,000 shares of SinglePoint's common stock. The transaction also included a Registration Rights Agreement and a Pledge Agreement, with Boston Solar LLC involved in securing the company's obligations. The notes, bearing a 12% original issue discount, are due on April 26, 2026, and can be converted into common stock shares under certain conditions. Additionally, the company has the option to prepay the notes before maturity. The warrants allow the investor to purchase shares at a nominal price and contain provisions for adjustments in specific corporate scenarios. Furthermore, the agreement outlines the terms for a potential distribution of equity interests in Box Pure Air, LLC to SinglePoint's stockholders, with certain rights and obligations for the investor and the company.