Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 215

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 19
Chunk 215
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 $25,000.
The Company anticipates using the proceeds for general working capital purposes.

Material Terms of the Convertible Note 2021:

  Interest accrues on the outstanding                                                                                                     

  Upon the occurrence of a Trigger                                                                                                          
  Event, Investor may increase the outstanding balance payable under the Convertible Note by 12% or 5%, depending on the nature of such     
  event. If the Company files to cure the Trigger Event within the required five trading days, the Triger Event will automatically become   
  an event of default and interest will accrue at the lesser of 22% per annum or the maximum rate permitted by applicable law. The Company  
  evaluated these trigger events and concluded to record no provision as of June 30, 2022.                                                  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Investor may convert all or                                                                                                                      
  any part of the outstanding balance of the Convertible Note, at any time after six months from the issue date, into ordinary shares of           
  the Company at a price equal to 85% multiplied by the lowest daily VWAP (Volume-Weighted Average Price) during the ten trading days immediately  
  preceding the applicable conversion, subject to certain adjustments, an issuance cap pursuant to NASDAQ Listing Rule 5635(d) and ownership       
  limitations specified in the Convertible Note.                                                                                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Joseph Stone Capital, LLC (“ JSC”)                                                                                                              
  acted as the exclusive placement agent in connection with the offering. The Company agreed to pay JSC a cash fee equal to 6.5% of the           
  aggregate gross proceeds received by the Company in the offering as well as certain placement agent allowance and legal fees. In addition,      
  the Company agreed to issue to JSC or its designee(s) warrants to purchase up to 157,934 ordinary shares ( 2 shares retrospectively adjusted    
  for effect of reverse stock splits on September 23, 2022, April 13, 2023, September 25, 2023, February 14, 2024 and September 24, 2024)         
  of the Company. The warrants have a term of five years and are exercisable at a price of $ 2.00 per share ($ 200,000 per share retrospectively  
  adjusted for effect