ConvertibleExpiredBTC
0% Convertible Notes
EDGE-CLN
0.01 GBP▲ 0.00%
BTC Holdings
20.497 BTC
Total Debt
£0.00
Leverage
0.0%
mNAV
11.10x
Outstanding
£0.00
Issue date
2025-10-07
Principal
£1.00M
Coupon
0.00%
Maturity
—
Conversion price
£0.01
ITM Status
ITM (+29.4%)
- Pre-IPO convertible loan notes; converted in full into new Ordinary Shares on Admission (5 November 2025) and now fully settled.
Analytics
ITM History
Stock price vs conversion price (£0.01)OTM -98.8%
Terms & Documentation
Terms
- BTC strategy
- Yes
- Forced conversion
- Automatically converts into Ordinary Shares on Admission (5 Nov 2025) at the lower of a 20% discount to the placing price or a price implied by a GBP12,500,000 post-money valuation.
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding |
|---|---|---|
| 2025-11-05 | Conversion | £0.00 CLNs converted in full into Ordinary Shares on Admission; nil outstanding thereafter. |
| 2025-11-04 | Issuance | £1.00M GBP1,000,000 of CLNs constituted under the GBP2,500,000 Loan Note Instrument, fully subscribed ahead of Admission. |
| 2025-10-07 | Issuance | £1.00M |
- 2025-11-05 — £0Part IV, paragraph 6.1 — Loan Note Instrument
- 2025-11-04 — £1,000,000Part IV, paragraph 6.1 — Loan Note Instrument
- 2025-10-07 — £1,000,000