ConvertibleExpired
0% Convertible Notes due 2024
EMPD-Feb24
$4.91▲ 0.41%
BTC Holdings
2,914 BTC
Total Debt
$50.00M
Leverage
13.3%
mNAV
0.63x
Outstanding
$0.00
Issue date
2023-05-24
Principal
$4.93M
Coupon
0.00%
Maturity
2024-02-24
Conversion price
$1,080,000
ITM Status
OTM (-100.0%)
- Initial conversion price $3,657,600/share, adjusted to $1,080,000 upon stockholder approval Aug 2023
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-02-24 | Maturity | $0.00 |
| 2023-05-24 | Issuance | $4.93M |
- 2024-02-24 — $0Note 9 — Convertible Notes
- 2023-05-24 — $4,934,783Note 9 — Convertible Notes