BioLargo Inc. announced that two of its officers have agreed to convert a total of $99,901 in unpaid salary and unreimbursed business expenses into common stock. The conversion was executed at a price of $0.16 per share, resulting in the issuance of 624,383 shares. These shares are subject to a lock-up agreement, restricting their sale until the company reports at least $40 million in gross revenue for any period, achieves a market capitalization exceeding $300 million, or undergoes a change in control.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BioLargo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-035506), on November 18, 2025, and is solely responsible for the information contained therein.
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