Global System Dynamics, Inc. announced a private placement of a convertible promissory note in the aggregate principal amount of $1,150,000 on November 2, 2022. The transaction included participation from new investor DarkPulse, Inc. The note bears no interest and is repayable in full upon the earlier of (i) the date on which the company consummates its Initial Business Combination, and (ii) the date that the winding up of the company is effective. At the election of the investor and subject to certain conditions, all of the unpaid principal amount of the note may be converted into units of the Company at a price of $10.