Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 217

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 19
Chunk 217
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3, the Company
issued14,042,911ordinary shares (6,970ordinary shares retrospectively restated for effect of reverse stock splits on September
23, 2022, April 13, 2023, September 25, 2023, February 14, 2024 and September 24, 2024) with a fair value of $3,520,000for principal
and interest partial settlement of the Convertible Note 2021.

For the year ended June 30, 2024, the Company
issued5,263,835ordinary shares (32,379ordinary shares retrospectively restated for effect of reverse stock splits on September
25, 2023, February 14, 2024 and September 24, 2024) with a fair value of $1,680,679for principal and interest partial settlement of the
Convertible Note 2021.

The Convertible Note 2021 was fully repaid and
converted on November 10, 2023.

The Convertible Note 2022

On May 13, 2022, the Company entered into a Securities
Purchase Agreement with an institutional investor pursuant to which the Company issued an unsecured convertible promissory note with a
two-year maturity (the “ Convertible Note 2022”) to Investor. The Convertible Note 2022 has the original principal amount of
$3,170,000including the original issue discount of $150,000and Investor’s legal and other transaction costs of $20,000. The Company
anticipates using the proceeds for general working capital purposes.

Material Terms of the Convertible Note 2022:

  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