Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 1299

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 9B
Chunk 1299
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 had the option to convert the principal
and accrued interest into shares of the Company’s common stock at a conversion rate of $0.70
per share. On April 10, 2024, the company entered into another promissory note for an additional $150,000
whereby the new principal balance was $300,000
with the same terms. On April 29, 2024, the noteholder converted the $300,000
principal balance, along with $1,558
of accrued interest into 430,798
common shares and 430,798
warrants to purchase shares with a strike price of $1.50
per share expiring in three
years.

On
September 9, 2024, the Company entered into a convertible promissory note for $150,000.
The note accrued interest at a rate of 10%
per annum. The original maturity date was November 9, 2024, whereby an amendment extended the maturity date to December 31, 2025.
The holder of the note has the option to convert the principal and accrued interest at a conversion price of the lesser of i) the
per Share price at which the Company sells Shares of the Company Common Stock in a Qualified Financing occurring on or before the
Maturity Date of this Note, or ii) Fifty Cents ($0.50)
per Share (“Conversion Price”); each Share consists of one (1) share of PetVivo Holdings, Inc. restricted common stock
(“Common Stock”). On September 27, 2024, the Company entered into another promissory note for an additional $350,000
with the same terms. The original maturity date for this $350,000 note was November 24, 2024, whereby an amendment extended the
maturity date to December 31, 2025. From October 10, 2024, through December 30, 2024, the Company entered into additional promissory
notes totaling $650,000
with the same terms. These notes maturity dates were all amended with the amended maturity date of December 31, 2025. From February
12, 2025, through March 13, 2025, the Company entered into additional promissory notes totaling $540,000 with
the same terms. These notes maturity dates were all amended with the amended maturity date of December 31, 2025.

On
December 20,