Choco Facility
Other · Vitalist Inc.
Reference: Choco Facility
- Outstanding
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- Commitment
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- Availability
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- Maturity
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Reported commitment: USD 2,250,000 Reported 2026-07-27 Disclosed facility capacity; the amount drawn and capacity available today are not established.
Covenant terms for this agreement are not yet verified.
Documents and filing history
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Baseline
· 2026-07-27
Commitment USD 2,250,000 Exact source document
On May 24, 2022, the Company entered an agreement for the sale of US$2,475,000 ($3,174,435) of future receivables for net proceeds of up to US$2,250,000 ($2,885,850) (the "Choco Facility"). This is a financing agreement based on future receivables where the retrieval percentage represents the deferred financing cost.
Issuer evidence: Vitalist Inc. (the "Company" or "Vitalist"), formerly known as CE Brands Inc., is a public company traded on the TSX Venture Exchange under the symbol VITA and on the OTCQB Venture Market under the symbol VTLSF. The Company’s registered and head office is 2100 Livingston Place, 222 3rd Avenue SW, Calgary, AB T2P 0B4. The Company focuses on partnering with premium brands and supply chain providers to create and deliver smart wearable products globally in multiple sales channels, leveraging its proprietary VitalOS platform to deliver premium user experiences at mass-market prices.
Supporting evidence: On May 24, 2022, the Company entered an agreement for the sale of US$2,475,000 ($3,174,435) of future receivables for net proceeds of up to US$2,250,000 ($2,885,850) (the "Choco Facility"). This is a financing agreement based on future receivables where the retrieval percentage represents the deferred financing cost.
Supporting evidence: On May 24, 2022, the Company entered an agreement for the sale of US$2,475,000 ($3,174,435) of future receivables for net proceeds of up to US$2,250,000 ($2,885,850) (the "Choco Facility"). This is a financing agreement based on future receivables where the retrieval percentage represents the deferred financing cost.