Here is a summary of the terms we have agreed on in principle at this time:
- New loan term of 180 days, from 01/10/23 to 07/09/23
- New loan interest rate of 14.75% in the first 90 days, and 17.5% in the second 90 days
- Delt.ai will pay owed interest on the current loan of $166,695, which we intend to airdrop proportionally to lenders via TrueTrading upon receipt of this payment
- Archblock may negotiate additional benefits, which if available will be passed proportionally to lenders
- We expect to sign a definitive agreement by 1/9/23, and will update the community should any material changes in this plan occur