Sharing Economy International Inc. announced that it has entered into a note purchase agreement to issue a convertible promissory note for gross proceeds of $128,206 on September 20, 2021. The note is convertible into shares at a price equal to 70% of the average closing prices for the company’s common stock during the ten trading day period ending on the latest complete trading day prior to the conversion date. The transaction is expected to close on or before March 19, 2022.