ConvertibleExpired
18% Convertible Notes due 2026
KWM-Mar26
$0.27▼ 4.66%
BTC Holdings
0 BTC
Total Debt
$19.04M
Outstanding
$0.00
Issue date
2025-12-03
Principal
$1.04M
Coupon
18.00%
Maturity
2026-03-31
Conversion price
—
- Issued Dec 3, 2025 in exchange for $1,218,541.80 promissory note covering Loeb & Loeb legal fees; principal adjusted to $1,040,479.75
- Maturity extended Feb 12, 2026 from 2026-02-13 to 2026-03-31
- Fully converted Mar 12, 2026 into 1,952,662 Ordinary Shares; cancelled
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior unsecured
- Settlement
- Shares
- Payment frequency
- at_maturity
- Rate type
- Fixed
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-12 | Conversion | $0.00 Fully converted into 1,952,662 Ordinary Shares; note cancelled |
| 2025-12-03 | Issuance | $1.04M |
- 2026-03-12 — $0Item 10.C — Description of Securities
- 2025-12-03 — $1,040,480Item 10.C — Description of Securities