# HEALTHY EXTRACTS INC. (HYEX) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_f4025b94c41c64752612 · retrieved 2026-08-11T16:15:11.303Z

## Overview
Healthy Extracts Inc. is a Nevada corporation engaged in the production of medicinal chemicals and botanical products.

Healthy Extracts Inc. issued a convertible promissory note with a principal amount of $258,750 to LABRYS FUND II, L.P. on July 17, 2026. The note carries an original issue discount of $33,750, resulting in net proceeds of $225,000 (minus expenses). The note bears interest at 10% per annum (earned in full in advance) and matures one year from issuance. The note is convertible after 180 days at a conversion price equal to the lesser of (i) $2.00 per share or (ii) 75% of the lowest closing bid price during the 15 trading days preceding conversion. The company must make monthly amortization payments of $36,964.28 beginning January 18, 2027 for six months, unless the note is converted into common stock.

## Terms
- Counterparty: LABRYS FUND II, L.P. · Deal value: $258,750 · Consideration: mixed · Price/share: $2

## Key dates
- Announced 2026-07-23 · Expiry 2027-07-17

## Timeline
- 2026-07-23 · 8-K (0001096906-26-001117): 8-K - HEALTHY EXTRACTS INC. — *Healthy Extracts Inc. is a Nevada corporation engaged in the production of medicinal chemicals and botanical products.* Healthy Extracts Inc. issued a convertible promissory note with a principal amount of $258,750 to LABRYS FUND II, L.P. on July 17, 2026. The note carries an original issue discount of $33,750, resulting in net proceeds of $225,000 (minus expenses). The note bears interest at 10% per annum (earned in full in advance) and matures one year from issuance. The note is convertible after 180 days at a conversion price equal to the lesser of (i) $2.00 per share or (ii) 75% of the lowest closing bid price during the 15 trading days preceding conversion. The company must make monthly amortization payments of $36,964.28 beginning January 18, 2027 for six months, unless the note is converted into common stock.
  https://www.sec.gov/Archives/edgar/data/1630176/0001096906-26-001117.txt

## Citations
- 0001096906-26-001117 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000109690626001117