ConvertibleActive
15% Convertible Notes
AIBZ-Aug21
$5.61▼ 13.56%
BTC Holdings
58.93 BTC
Total Debt
$28.17M
Leverage
690.5%
mNAV
79.87x
Outstanding
$1.00M
2021-08-10
Issue date
2021-08-10
Principal
$1.00M
Coupon
15.00%
Maturity
—
Conversion price
—
- Convertible at the issuer's option after maturity into common shares at CAD $0.40/share (2021 agreement, pre-consolidation basis). Maturity is contingent on defined liquidity events.
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured (related party)
- Payment frequency
- Semi-annual
- Rate type
- Step-up
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding |
|---|---|---|
| 2021-08-10 | Issuance | $1.00M |
- 2021-08-10 — $1,000,000Note 20(c)