Arista Financial Corp. (OTCPK:ARST) announced that it has entered into a securities purchase agreement with PowerUp Lending Group, Ltd. for private placement of 10% convertible promissory note for gross proceeds of $53,000 on March 28, 2019. The company has issued note at a discount. The principal amount of note is $58,300. The company received net proceeds of $50,000 after original issue discount of $5,300. The note accrues a fixed interest at the rate of 10% per annum and matures on May 28, 2020. The note may not be prepaid after the 180th day following the issue date. The note is convertible into shares of its common stock at any time after September 24, 2019 at a conversion price equal to 60% of the market price of the common stock on which the company receives a notice of conversion. The company also delivered a warrant to the buyer to purchase up to 11,660 shares of its common stock, at an exercise price of $2 per shares, subject to the terms and condition. The warrants will expire on March 28, 2022. The company has issued securities pursuant to registration requirements under Section 4(a)(2) of the Securities Act of 1933 and pursuant to exemption provided under Regulation D.