MyDx, Inc. (OTCBB:MYDX) announced that it has entered into a securities purchase agreement for a private placement of an 8% unsecured convertible redeemable promissory note at a price of $207,000 per note for gross proceeds of $207,000 with existing investor GS Capital Partners LLC on March 7, 2019. The note will be issued at original issue discount of $3,000 over principal amount of $210,000. The note will bear an interest rate of 8% per annum paid in shares of common stock of the company. The notes are convertible into shares of the company. The note will mature on March 7, 2020. The note may be prepaid until 180 days from the issuance date and exchangeable for an equal aggregate of principal amount at request. The company will issue securities pursuant to an exemption provided under Section 4(a)(2) of the Securities Act, 1933. The company will pay legal fees of $7,000 and raised net proceeds of $200,000.