ICEMAN40 🧤·1 reply
ICEMAN KIR"Ovo offered to pay off the 5 year loan after 1 year and as a result are refusing to pay the “make whole fee” that these contracts typically have.
A.R.I. doesn’t want to lose the additional 4 years of interest lost from allowing the loan to be paid off early, so they want their “make whole fee”.
They aren’t being sued because they can’t pay off the loan lmao.
Ik this sub is extremely Anti-drake, but at least understand what you’re trying to crap on before commenting on it lmao.
These contracts basically always include that fee, so you can say that OVO is in the wrong, but it’s not like they’re not offering some solution.
Realistically, both parties will just meet in the middle and OVO will either give up equity or pay some portion of the fee."
Yep lol
·2 repliesImagine not having 4 million dollars
Could never be me
ghosting 🔫·1 reply
shaleiroseI've seen rappers involved with less important things get discussed all the time
thats cool bro congrats
- ICEMAN40
Yep lol
That information is quite literally in the OP
- ghosting
thats cool bro congrats
Thanks for engaging
According to the filed complaint, between July 14, 2025 and August 5, 2025, OVO issued five separate Convertible Promissory Notes to A.R.I. in the aggregate principal amount of $5,234,121.93. The complaint alleges that the Notes were five-year convertible debt instruments containing conversion rights, information rights, prepayment restrictions, default remedies, and a contractual Make Whole Fee designed to provide A.R.I. with a negotiated minimum return if the Notes were repaid or otherwise terminated prior to maturity.
Almost like some of y'all didn't read either
Honestly this should be nothing for drake lol
- ICEMAN40 🧤·2 repliesshaleirose
Then what’s this 😂😂
- ghosting 🔫ICEMAN40
Then what’s this 😂😂
lmao
Anywhere I can short this
- ·1 replyICEMAN40
Then what’s this 😂😂
A funny bar considering his company is now being sued for defaulted loan payments
·4 repliesFolks searching high and low for some type of L
S*** will get paid off eventually. Half you niggas got cc debt
- ghosting 🔫Ishkam
Folks searching high and low for some type of L
S*** will get paid off eventually. Half you niggas got cc debt
- ghosting 🔫
ovo on the brink of bankruptcy type shift
- ICEMAN40 🧤·1 replyshaleirose
A funny bar considering his company is now being sued for defaulted loan payments
They are being sued for paying the loan off early and not letting it accrue 4 million dollars in interest and ARI is saying nope you are obligated to pay that. It’s a disagreement on timing. Not money.
Sounds like Drake and OVO need to pick different business partners because this is shady business. That’s the real diss towards OVO.
- ·1 replyIshkam
Folks searching high and low for some type of L
S*** will get paid off eventually. Half you niggas got cc debt
While true, what does OVO being sued have to do with us?
- ·3 repliesICEMAN40
They are being sued for paying the loan off early and not letting it accrue 4 million dollars in interest and ARI is saying nope you are obligated to pay that. It’s a disagreement on timing. Not money.
Sounds like Drake and OVO need to pick different business partners because this is shady business. That’s the real diss towards OVO.
Why do y'all have to dress up the fact that OVO is being sued for defaulting on loan payments
- ICEMAN40 🧤·1 replyshaleirose
Why do y'all have to dress up the fact that OVO is being sued for defaulting on loan payments
I’m not dressing up anything. What I typed out are the facts.
·1 replyA nothing burger as usual
- ICEMAN40
I’m not dressing up anything. What I typed out are the facts.
Yes, and an additional fact is that OVO is being sued for defaulting on loan payments
- ICEMAN40 🧤Draxx556
A nothing burger as usual
- shaleirose
While true, what does OVO being sued have to do with us?
Exactly
·1 replyFake news. Drake and OVO don't have any debt, idiot.
- fun guy
Fake news. Drake and OVO don't have any debt, idiot.
·1 replyshaleiroseOVO is being sued for loan payment defaults no matter how you try and spin it
Spin it = read and understand
