Tauriga Sciences, Inc. Fully Retires $45,000 USD Face Value 8.00% Convertible Debenture Issued to GS Capital Partners LLC on April 27, 2017
NEW YORK, NY, Nov 06, 2017 (Marketwired via COMTEX) — NEW YORK, NY–(Marketwired – Nov 6, 2017) – Tauriga Sciences, Inc. (otc pink:TAUG) (“Tauriga” or the “Company”), engaged in building of businesses in the life sciences space, today announced that is has retired the $45,000 USD face value 8.00% convertible debenture (the “Note”) held by GS Capital Partners, LLC (“GS Capital”). This Note was issued by the Company on April 27, 2017. Accordingly, this debt will be removed from the Company’s balance sheet.
This Note was retired exclusively through a one-time conversion exercised by GS Capital on November 2, 2017 for 83,597,839 shares of the Company’s common stock.