HyperSolar, Inc. (OTCPK:HYSR) announced a private placement of a convertible promissory note on January 18, 2019. The transaction included participation from accredited investors.The note bears an interest rate of 10% per annum. The note is convertible into common shares of the company price equal to 61% multiplied by the lowest trading price of the company’s common stock during the 25 trading day period ending on the latest complete trading day prior to the conversion.