OrangeHook, Inc. (OTCPK:ORHK) announced that it has entered into a private placement with existing lender MEZ Capital, LLC for a commercial promissory note for gross proceeds of $483,663 on September 7, 2018. The note will carry an annual interest rate of 4%. The company will pay interest of $29,019.70 on the note by November 6, 2018. The note is supported by five personal guarantees, including James L. Mandel, President and Chief Executive Officer, Jeffrey J. Hattara, Chief Strategy Officer, and Whitney E. Peyton and Donald M. Miller, Board of Directors of the company. The company will pay $34,445 as expenses.