True Nature Holding, Inc. (TNTYD) (OTCQB:TNTY) (the "Company" or "True Nature") today announced that it has executed a definitive term sheet and commitment for a shelf registration financing of up to $6 million dollars with GHS Investments
Fri August 10, 2018 10:32 AM|GlobeNewswire|About: TNTY ATLANTA, Aug. 10, 2018 (GLOBE NEWSWIRE) -- True Nature Holding, Inc. (TNTYD) (OTCQB:TNTY) (the "Company" or "True Nature") today announced that it has executed a definitive term sheet and commitment for a shelf registration financing of up to $6 million dollars with GHS Investments, LLC (“GHS”), and that it is in discussions for bridge financing to fund its interim operating needs. Under terms of the agreement, the Company has the right at its sole discretion, but not the obligation, to sell up to $6 million of its common stock to GHS, in a tranche amounts as the Company determines. In conjunction with the financing it intends to file a registration statement under Form S-1 with the SEC within 45 days. It further disclosed that it believes it will be able to finalize bridge financing as an interim financing source.
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