Eva Live, Inc. filed a legal opinion confirming the validity of up to 8,381,375 shares issuable upon conversion of a $7,560,000 secured convertible note under its effective S-3 shelf registration.
Key takeaways
Company entered securities purchase agreement on February 23, 2026 with Streeterville Capital, LLC for $7,560,000 secured convertible note.
Note is convertible into common stock, with shares registered via S-3 (File No. 333-294416) effective March 24, 2026.
Prospectus supplement filed March 30, 2026 to cover issuance of up to 8,381,375 shares upon conversion.
Sichenzia Ross Ference Carmel LLP opined shares are duly authorized, validly issued, fully paid, and nonassessable when issued per agreement terms.
Opinion limited to Nevada Revised Statutes and assumes compliance with securities laws.