Beyond Commerce, Inc. announced a private placement of convertible promissory note for gross proceeds of $1,000,000 with Discover Growth Fund, LLC on April 1, 2022. The notes were issued at the discount of 20% on principal amount of $1,200,000. The note will become due not later than April 1, 2023.

The note is convertible into common shares of the company at a price per share equal to the closing bid price on March 31, 2022. The notes offered are sold in reliance on the exemption from registration afforded by Section 4(a)(2) under the Securities Act.