ConvertibleActive
0% Convertible Notes due 9999
CDT-AGP
BTC Holdings
17.906 BTC
Total Debt
$6.06M
Leverage
174.0%
mNAV
15.12x
Outstanding
$5.50M
Issue date
2024-11-25
Principal
$5.70M
Coupon
0.00%
Maturity
9999-12-31
Conversion price
—
- Issued to A.G.P./Alliance Global Partners to settle deferred SPAC advisory commission from the 2023 MURF merger
- No stated maturity date — convertible at holder option
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Rate type
- Fixed
Sources(1)
- Form 10-K (2024)FilingForm 10-K (2024)Note 9 — Deferred Commission PayableCDT Equity Inc. — 2025-03-28
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-10-28 | Conversion | $5.50M Partial conversion of $200K on Oct 28, 2025 | Form 10-Q (Q3 2025) |
| 2024-11-25 | Issuance | $5.70M | Form 10-K (2024) |
- 2025-10-28 — $5,500,000Note 16 — Subsequent Events — filing — CDT Equity Inc.Source
- 2024-11-25 — $5,700,000Note 9 — Deferred Commission Payable — filing — CDT Equity Inc.Source