On January 27, 2023, Theralink Technologies, Inc., closed the transaction. The company has raised $950,000 in its second tranche. The company issued 10% Original Issue Discount Senior Secured Convertible Debentures in an aggregate principal amount of $1,045,000 and warrants to purchase up to 298,571,429 shares of common stock of the Company.

The company paid Gunnar an aggregate commission of $95,000 in connection with the second tranche. The company also paid $7,500 in fees to Gunnar?s legal counsel.