On April 16, 2024, NYIAX, Inc.  closed the transaction. The transaction included participation from four investors. The Notes in the Units shall bear interest at a rate of ten percent (10.0%) per annum, on a non-compounding basis, and are due and payable on the earlier of (i) the date upon which the Units are converted into equity securities as set forth herein, or (ii) or twenty-four months from the closing of this Offering.