One World Products, Inc. OWPC entered into a joint Share Purchase Agreement and Registration Rights Agreement with an institutional investor for Shares worth up to $10 million over a 36-month period based on the current market price of the stock at that time. Regardless, the investor made an initial fixed price for equity upon entering into the agreements Investment of $150,000subject to Rule 144 and a 6-month hold period.

Isia ThomasChairman and CEO of OWP, stated, β€œThis investment in One World Products provides significant upfront capital that will be used to further scale our operations in Colombia, improve industrial sales of hemp products to customers, and expand our carbon credits, and it is in common shares at a fixed price. Notably, the common stock agreement provides us with additional growth capital to increase our sales and is subject to our control and discretion as to amounts and timing. We believe this financing is non-dilutive to current shareholders and enhances our value by increasing our cash and equity positions over time. It positions us better towards our capital markets’ 2023 goal of listing on a major US national exchange. At this point, the company has yet to decide any recapitalization structure or timing as our board and management continue to believe our shares are undervalued.”

After the initial investment and subject to the terms of the agreements, including filing and declaring a registration statement with the Securities and Exchange Commission, the Company has the right, at its discretion, to sell up to an additional $10 million worth of shares over any period of time of 36 months. The Company will control the timing and amount of all sales to the Investor, and the Investor is obligated to make purchases in accordance with the Agreements.

There are no caps on the price per share that an investor can pay to buy common stock and buy…

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