Mace Security International Secures $100,000 Additional Funding

Mace Security International Inc. (OTCQB:MACE), a global leader in personal self-defense sprays, announced on June 27, 2024, that it secured a $100,000 additional unsecured subordinated loan from a Board member. The loan, dated June 25, 2024, will be drawn down as necessary. The note matures the sooner of July 27, 2025, or upon the repayment of the Company’s senior line of credit, and bears interest at 10% per annum.

Known for its Mace® Brand defense products, Mace Security International has over 40 years of expertise in designing and manufacturing personal defense and security products. The company distributes its products through various channels, including mass market retailers and online platforms.