1933 Industries Announces Maturity of Unsecured Convertible Debentures and Encourages Conversion to Support Continued Growth

Core Points - 1933 Industries Inc. has announced that its unsecured convertible debentures issued in 2024, totaling approximately $2,598,000, will mature on December 31, 2025 [1] - The company has conducted a review of its financial position and operating performance, concluding that it currently lacks sufficient cash resources to repay the principal amount of the 2024 Debentures without significantly impairing its operational capabilities [1]