Surrender of Unconverted Convertible Notes Agreement between GPL Ventures LLC and Maptelligent Inc.
GPL Ventures LLC agrees to surrender all unconverted convertible promissory notes it holds in Maptelligent Inc., as required by a court judgment in SEC v. GPL Ventures et al. This includes specific notes dated between 2017 and 2021, as well as any other unconverted notes. The agreement formalizes the return of these notes to Maptelligent Inc. in compliance with the legal judgment.
EXHIBIT 4.6
GPL Ventures, LLC 450 7th Ave. 609
New York, NY 10123
Maptelligent Inc.
6/12/2023
| Re: | Surrender of Unconverted Convertible Notes |
Dear Maptelligent Inc.,
As you know, GPL Ventures was the holder of the following convertible notes in Maptelligent Inc.:
Convertible Promissory Note(s) dated 09/09/17 01/05/18 11/23/20 02/12/21 03/29/21.
On May 2, 2023, a judgment was entered against GPL Ventures and other GPL parties in a case captioned SEC v. GPL Ventures et al., 21 Civ. 6814 (S.D.N.Y.). The judgment requires GPL Ventures to surrender to the respective issuers all unconverted convertible notes in their entirety associated with certain issuers identified in an appendix to the judgment.
Pursuant to the judgment, GPL Ventures hereby surrenders to Maptelligent Inc. the above-referenced unconverted convertible notes in their entirety and any other unconverted convertible notes in Maptelligent Inc. that GPL Ventures may hold.
| Sincerely, | |||
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| GPL Ventures LLC | |||
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| /s/ Alexander Dillon |
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| By: Alexander Dillon, Managing Member |
