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Sow Good Enters New Convertible Notes Agreement

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Confident Investing Starts Here:

Sow Good ( (SOWG) ) has issued an update.

On April 28, 2025, Sow Good Inc. entered into an exchange agreement with related party holders of its outstanding promissory notes, valued at $2.7 million. These notes, with maturity dates from April to August 2025 and interest rates between 6% and 8%, were exchanged for new senior convertible promissory notes totaling $2.8 million, including accrued interest. The new notes, maturing on April 30, 2030, offer semiannual interest payments and can be converted into common stock. They are senior to all existing and future debt, secured by the company’s assets, and redeemable by the company or holders starting January 1, 2025. This agreement was unanimously approved by the company’s board and audit committee.

Spark’s Take on SOWG Stock

According to Spark, TipRanks’ AI Analyst, SOWG is a Neutral.

Sow Good’s stock score reflects a company with strong revenue growth potential but significant profitability and cash flow challenges. The negative technical indicators and valuation metrics further weigh on the score. While strategic initiatives and international expansion efforts provide a positive outlook, the recent financial hurdles and competitive pressures present substantial risks.

To see Spark’s full report on SOWG stock, click here.

More about Sow Good

YTD Price Performance: -77.12%

Average Trading Volume: 100,629

Technical Sentiment Signal: Buy

Current Market Cap: $7.24M

Find detailed analytics on SOWG stock on TipRanks’ Stock Analysis page.

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