253G2 1 j106210253g2.htm SUPPLEMENT NO. 1

 

Filed Pursuant to Rule 253(g)(2)
File No. 024-11301

 

 

 

CNOTE GROUP, INC.

 

SUPPLEMENT NO. 1 DATED OCTOBER 6, 2021
TO THE OFFERING CIRCULAR DATED MARCH 4, 2021

 

 This supplement (“Supplement No. 1”) supplements, and should be read in conjunction with, the offering circular of CNote Group, Inc., dated March 4, 2021, as qualified on February 25, 2021 (the “Offering Circular”). Unless otherwise defined herein, capitalized terms used in this Supplement No. 1 shall have the same meanings as set forth in the Offering Circular.

 

The purpose of this Supplement No. 1 is to: (1) change the interest rate paid on the CNote Notes and (2) change the amount of the Closing Threshold.

 

Change in Interest Rate

 

Effective as of the date of this Supplement No. 1, the interest rate paid on the CNote Notes issued on or after the date hereof will be 2.0% per annum, compounded monthly and fixed for the duration of the CNote Notes.

 

Change in Closing Threshold

 

Effective as of the date of this Supplement No. 1 and for all CNote Notes issued on or after the date hereof, the Closing Threshold will be $500,000.

 

Except as expressly set forth herein, the Offering Circular remains unchanged.