ATRM Holdings, Inc. (OTCPK:ATRM) announced that it has entered into a securities purchase agreement of an unsecured promissory note for gross proceeds of $300,000 on December 17, 2018. The transaction included participation from existing lender Lone Star Value Management LLC. The note was issued at par. The note bears an interest at a fixed rate of 10% per annum, and shall be payable annually in cash on the 10th business day of December in the year 2019 and 2020. The note will mature on November 30, 2020. The lender may elect to receive any interest payment in-kind at a rate of 12% per annum, so long as any such interest payment is made either entirely in payment in-kind interest or 10% cash and 10% payment in-kind interest.