CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX), Convertible Note Investor Collaborate to Mitigate Immediate Conversion Risk
GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, today announced that it has entered into an agreement with respect to the $100 million convertible note financing, originally entered into on Nov. 2, 2021, in order to relieve immediate conversion concerns. Under the agreement, as detailed on GreenBox’s simultaneously filed Form 8-K, certain conversion triggers will be extended from February 3 to May 2, 2022. The 90-day extension offers the company the time to push its business forward toward increased growth, leading to a potentially higher valued stock price and, perhaps, even driving it to a level where the…





