LGBTQ Loyalty Holdings, Inc. announced that it has entered into a securities purchase agreement with returning investor Sixth Street Lending, LLC for private placement of a convertible promissory note for a purchase price of $53,750 in the aggregate principal amount of $59,125 on November 26, 2021. The note is issued at a discount of $5,375. The note is convertible into shares of the company's common stock, $0.001 par value per share.

The maturity date of the note is November 26, 2022. The note shall bear interest at a rate of 10% per annum, which interest may be paid by the company to the investor in shares of common stock. The note may be prepaid until 180 days from the issuance date.