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Drugs Made In America II (NASDAQ: DMII) plans $1.4M convertible note funding
Drugs Made In America Acquisition II Corp. (NASDAQ: DMII) has entered into an agreement for up to $1.4 million in convertible note funding with Alpha Multi Family Office. The initial tranche involved an unsecured, zero-interest Bridge Note for $150,000, convertible at a 35% discount after the business combination. The funds will be used for accounting, audit, and other expenses related to the company’s business combination.