Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 87

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 87
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”). Balance of the Note were increased by $ 310,500.00(the “Standstill Fee”) as of the date of the agreement. The fair value of the Note was $ 3,922,686as of December 31, 2022. On May 26, 2023, the Company entered into an extension agreement with the investor to extend the maturity date until March 10, 2024. Balance of the Note were increased by $ 145,569as of the date of the agreement. The principal balance of $ 100,000of the March 2022 Note was converted into 291common shares of the Company on December 20, 2022. The remaining balance of $ 3,461,069was converted into 27,966common shares of the Company during the year ended December 31, 2023. For the years ended December 31, 2024, 2023 and 2022, due to the change in fair value of convertible debentures, the Company recorded an unrealized gain (loss) of nil, $ 47,813and ($ 467,383) in other expense, respectively. Interest expense recognized for these convertible debentures for the years ended December 31, 2024, 2023 and 2022 was nil, $ 90,638and $ 194,117, respectively.

NOTE 12 – LOANS FROM THIRD PARTIES - CURRENT

|                                                | Loans from Third Parties |   |        As of 
 December 31, 
         2024 |     |   |        As of 
 December 31, 
         2023 |   |
|:-----------------------------------------------|:-------------------------|:--|-------------:|:----|:--|-------------:|:--|
| Honghe County Yisa Hengtong Decoration Company |                          | $ |      109,600 |     | $ |      112,678 |   |
| Less: Loans from third parties-non-current     |                          |   |            - |     |   |     (112,678 | ) |
| Loans from third parties - current             |                          | $ |      109,600 |     | $ |            - |   |

On May 26, 2023, the Company entered into a loan agreement with Honghe
County Yisa Hengtong Decoration Company to borrow $ as a working capital loan for . The loan is from May 26, 2023