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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  2024/12/05 21:34

Moomoo AI 已提取核心信息

Volato Group entered into a Securities Purchase Agreement on December 4, 2024, for the issuance of 10% original issue discount senior unsecured convertible notes totaling up to $36M. The initial tranche of $4.5M was sold at a 10% discount for $4.05M, maturing December 4, 2025. The notes are convertible into Class A common stock at an initial price of $0.366 per share.The conversion price will be subject to quarterly adjustments starting from the third month, potentially reducing to 90% of the lowest daily VWAP during the preceding 10 trading days. The notes carry a 4% annual interest rate, increasing to 18% upon default. Additional tranches are contingent on various conditions, including trading volume requirements and maintaining outstanding principal below $2M.The agreement requires shareholder approval within 75 days for the issuance of conversion shares, with a 19.99% cap on total shares issued prior to approval. The company must file a registration statement within 30 days for the resale of conversion shares, with effectiveness targeted within 60 days of closing.
Volato Group entered into a Securities Purchase Agreement on December 4, 2024, for the issuance of 10% original issue discount senior unsecured convertible notes totaling up to $36M. The initial tranche of $4.5M was sold at a 10% discount for $4.05M, maturing December 4, 2025. The notes are convertible into Class A common stock at an initial price of $0.366 per share.The conversion price will be subject to quarterly adjustments starting from the third month, potentially reducing to 90% of the lowest daily VWAP during the preceding 10 trading days. The notes carry a 4% annual interest rate, increasing to 18% upon default. Additional tranches are contingent on various conditions, including trading volume requirements and maintaining outstanding principal below $2M.The agreement requires shareholder approval within 75 days for the issuance of conversion shares, with a 19.99% cap on total shares issued prior to approval. The company must file a registration statement within 30 days for the resale of conversion shares, with effectiveness targeted within 60 days of closing.
Volato Group于2024年12月4日签署了一项证券购买协议,发行金额高达$3600万的10%原始发行折扣高级无担保可转换票据。首个部分$450万以10%的折扣以$405万出售,到期日为2025年12月4日。这些票据可以按每股$0.366的初始价格转换为A类普通股。转换价格将在第三个月开始进行季度调整,可能会降低至前10个交易日中最低日加权平均价格的90%。这些票据的年利率为4%,在违约时增至18%。额外的部分将受到包括成交量要求在内的各种条件限制,同时要求未偿还本金保持在$200万以下。协议要求股东在75天内批准转换股份的发行,总股份的发行在批准之前不得超过19.99%。公司必须在30天内提交注册声明,以便重新出售转换股份,预计在关闭后60天内生效。
Volato Group于2024年12月4日签署了一项证券购买协议,发行金额高达$3600万的10%原始发行折扣高级无担保可转换票据。首个部分$450万以10%的折扣以$405万出售,到期日为2025年12月4日。这些票据可以按每股$0.366的初始价格转换为A类普通股。转换价格将在第三个月开始进行季度调整,可能会降低至前10个交易日中最低日加权平均价格的90%。这些票据的年利率为4%,在违约时增至18%。额外的部分将受到包括成交量要求在内的各种条件限制,同时要求未偿还本金保持在$200万以下。协议要求股东在75天内批准转换股份的发行,总股份的发行在批准之前不得超过19.99%。公司必须在30天内提交注册声明,以便重新出售转换股份,预计在关闭后60天内生效。
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