Hop-On Inc (HPNN)

[PRmaniac]

They just disclosed they lost ALL funding, including a $5 million mezzanine round... this is the same as was posted previously, so they got NONE of the money, no underwriting (meaning NO ONE would sign-off on money), all per HPNN's just-released financial disclosure.

4th Quarter of 2022, the Company secured $26 million in bond financing for its decentralized social media platform, Digitalage.
Underwriting was scheduled for completion in Q1, 2023. Digitalage requested for additional resources from the bond financing trustees,
totaling over $50 million, to accelerate product development. The previously announced $5 million mezzanine round has not materialized as
anticipated, and has affected timing for platform launch.