HashiCorp, Inc. announced that it has issued secured convertible debenture for the gross proceeds of $750,000 on February 24, 2023. The transaction included participation from World Class Extractions Inc. The bonds bear 5% interest rate and matures on May 31, 2023. The investor has the option to convert the Hash debenture, including accrued but unpaid interest, into common shares of HashCo at $0.05 per common share.