Clearday, Inc. announced that it has entered into a securities purchase agreement with 1800 Diagonal Lending, LLC for a private placement of a 12% unsecured convertible promissory note $104,250 on December 20, 2022. The note is issued at a discount of $12,510. The company incurred an expense of $4,250.

The note carries a principal amount of $116,760. The note provides for a one year maturity due on January 14, 2024. The note is convertible at the option of the holder, into shares of common stock.