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6-K: Convertible Note Transaction with Certain Investors

6-K: Convertible Note Transaction with Certain Investors

與特定投資者的可轉換票據交易
美股SEC公告 ·  06/06 07:01

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MicroAlgo Inc., a technology firm listed as MLGO on the US stock exchange, has entered into Convertible Note Purchase Agreements with certain investors on June 5, 2024. The following day, the company issued Unsecured Convertible Promissory Notes totaling $30 million with a term of 360 days and an original issue discount of $2.4 million. These notes will convert into ordinary shares of the company based on a specified formula, subject to certain ownership limitations and adjustments. The conversion rate is pegged to 70% of the lowest market closing price of MicroAlgo's ordinary shares in the 60 trading days preceding the conversion request. In the event of default, the interest rate will increase to 10% per annum. MicroAlgo intends to use the net proceeds for working capital and general corporate purposes. The transaction documents, including the Purchase Agreements and the Notes, are attached as exhibits to the report filed with the SEC and are incorporated by reference into the company's registration statement on Form F-3.
MicroAlgo Inc., a technology firm listed as MLGO on the US stock exchange, has entered into Convertible Note Purchase Agreements with certain investors on June 5, 2024. The following day, the company issued Unsecured Convertible Promissory Notes totaling $30 million with a term of 360 days and an original issue discount of $2.4 million. These notes will convert into ordinary shares of the company based on a specified formula, subject to certain ownership limitations and adjustments. The conversion rate is pegged to 70% of the lowest market closing price of MicroAlgo's ordinary shares in the 60 trading days preceding the conversion request. In the event of default, the interest rate will increase to 10% per annum. MicroAlgo intends to use the net proceeds for working capital and general corporate purposes. The transaction documents, including the Purchase Agreements and the Notes, are attached as exhibits to the report filed with the SEC and are incorporated by reference into the company's registration statement on Form F-3.
科技公司MicroAlgo Inc.在美國股票交易所上市,股票代碼爲MLGO。該公司與特定投資者於2024年6月5日簽訂了可轉換票據購買協議。次日,該公司發行了總額爲3000萬美元的無擔保可轉換應付票據,期限爲360天,發行折扣率爲240萬美元。這些票據將根據一定的公式轉換爲該公司的普通股,受到某些所有權限制和調整的影響。轉換率以MicroAlgo普通股在轉換請求前的60個交易日中最低市場收盤價的70%爲基準。在違約情況下,利率將增加至年利率10%。MicroAlgo打算將淨收益用於營運資本和企業的一般目的。交易文件,包括購買協議和票據,已作爲附件附加在提交給證監會的報告中,並被引用並納入該公司在F-3表格上的註冊聲明中。
科技公司MicroAlgo Inc.在美國股票交易所上市,股票代碼爲MLGO。該公司與特定投資者於2024年6月5日簽訂了可轉換票據購買協議。次日,該公司發行了總額爲3000萬美元的無擔保可轉換應付票據,期限爲360天,發行折扣率爲240萬美元。這些票據將根據一定的公式轉換爲該公司的普通股,受到某些所有權限制和調整的影響。轉換率以MicroAlgo普通股在轉換請求前的60個交易日中最低市場收盤價的70%爲基準。在違約情況下,利率將增加至年利率10%。MicroAlgo打算將淨收益用於營運資本和企業的一般目的。交易文件,包括購買協議和票據,已作爲附件附加在提交給證監會的報告中,並被引用並納入該公司在F-3表格上的註冊聲明中。
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