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6-K: Convertible Note Transaction with Certain Investors

6-K: Convertible Note Transaction with Certain Investors

6-K:与某些投资者的可转换票据交易
美股SEC公告 ·  08/02 06:10

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MicroAlgo Inc., a technology firm, has entered into Convertible Note Purchase Agreements with certain investors on August 1, 2024. The following day, the company issued Unsecured Convertible Promissory Notes totaling $30 million with a term of 360 days. These notes carry an original issue discount of $2.4 million and were issued to provide MicroAlgo with working capital and general corporate purposes. Investors have the option to convert the outstanding balance of the notes into ordinary shares of the company at a conversion price based on a formula tied to the market closing price of MicroAlgo's shares. The conversion is subject to certain ownership limitations and adjustments in case of corporate actions like share subdivisions. In the event of default, the notes will accrue interest at a rate of 10% per annum, and investors retain the right to convert their balance. The transaction details are summarized in the attached exhibits to the report filed with the SEC and incorporated by reference into the company's registration statement on Form F-3.
MicroAlgo Inc., a technology firm, has entered into Convertible Note Purchase Agreements with certain investors on August 1, 2024. The following day, the company issued Unsecured Convertible Promissory Notes totaling $30 million with a term of 360 days. These notes carry an original issue discount of $2.4 million and were issued to provide MicroAlgo with working capital and general corporate purposes. Investors have the option to convert the outstanding balance of the notes into ordinary shares of the company at a conversion price based on a formula tied to the market closing price of MicroAlgo's shares. The conversion is subject to certain ownership limitations and adjustments in case of corporate actions like share subdivisions. In the event of default, the notes will accrue interest at a rate of 10% per annum, and investors retain the right to convert their balance. The transaction details are summarized in the attached exhibits to the report filed with the SEC and incorporated by reference into the company's registration statement on Form F-3.
科技公司MicroAlgo Inc.于2024年8月1日与某些投资者签订可转换票据购买协议。次日,公司发行了总额为3000万美元的无担保可转换应收票据,期限为360天,原始发行折扣为240万美元,旨在为MicroAlgo提供营运资本和一般企业用途。投资者有权将票据的未偿余额按一个与MicroAlgo股票市场收盘价有关的公式转换为公司普通股。股份转换受某些所有权限制和公司股份分割等企业行动的调整影响。如果出现违约情况,票据将按年利率10%计息,投资者保留转换其余额的权利。交易细节总结在随附在向SEC提交的报告中的展示文件中,并被引用至公司在F-3表格上提交的注册声明中。
科技公司MicroAlgo Inc.于2024年8月1日与某些投资者签订可转换票据购买协议。次日,公司发行了总额为3000万美元的无担保可转换应收票据,期限为360天,原始发行折扣为240万美元,旨在为MicroAlgo提供营运资本和一般企业用途。投资者有权将票据的未偿余额按一个与MicroAlgo股票市场收盘价有关的公式转换为公司普通股。股份转换受某些所有权限制和公司股份分割等企业行动的调整影响。如果出现违约情况,票据将按年利率10%计息,投资者保留转换其余额的权利。交易细节总结在随附在向SEC提交的报告中的展示文件中,并被引用至公司在F-3表格上提交的注册声明中。
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