Stryve Foods, Inc. announced a private placement that it has issued unsecured convertible promissory notes for the principal amount of $1,600,000 on April 3, 2024. The Notes were issued with an original issue discount of 1%, accrue interest annually at a rate of 12% and will mature on December 31, 2024. The Notes will automatically convert in the securities issued in the next sale by the Company of its equity securities, following the date of the Notes, from which the Company receives gross proceeds of not less than $3,000,000.