ConvertibleExpired
0% Convertible Notes due 2025
GNS-Feb25
$0.29▲ 4.29%
BTC Holdings
0 BTC
Total Debt
$0.00
Outstanding
$0.00
Issue date
2022-08-26
Principal
$18.13M
Coupon
0.00%
Maturity
2025-02-26
Conversion price
$5.17
ITM Status
OTM (-94.4%)
- Purchased at $17M for $18.13M face value (OID)
- Monthly installments payable in cash or shares beginning 3 months from closing
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior secured
- Settlement
- Combination
- Payment frequency
- Monthly
- Rate type
- Fixed
- Call provision
- Redeemable in full for cash at Optional Redemption Price with 30 trading days notice, subject to Equity Conditions being met during notice period
- Put provision
- At 115% of outstanding principal plus accrued interest or 115% of equity conversion value (whichever greater) upon Change of Control
- Use of proceeds
- General corporate purposes and acquisitions
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-31 | Conversion | $0.00 Fully extinguished |
| 2024-12-31 | Conversion | $53.34K Reduced through cash payments and share conversions |
| 2022-08-26 | Issuance | $18.13M |
- 2025-12-31 — $0Note 25 — Short Term Debt
- 2024-12-31 — $53,344Note — Short Term Debt
- 2022-08-26 — $18,130,000