ConvertibleExpired
0% Convertible Notes due 2026
HOLO-Apr26
$2.17▼ 4.41%
BTC Holdings
0 BTC
Total Debt
$3.05M
Outstanding
$0.00
Issue date
2025-04-23
Principal
$40.00M
Coupon
0.00%
Maturity
2026-04-18
Conversion price
$1.46
ITM Status
ITM (+48.6%)
- Variable conversion at 70% of lowest 60-day closing price
- 8% OID
- $12M initially issued of $40M authorized
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Call provision
- Company may prepay all or any portion of outstanding balance at any time
- Use of proceeds
- Working capital and general corporate purposes
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2026-04-18 | Maturity | $0.00 Auto-zeroed at maturity |
| 2025-12-31 | Conversion | $3.39M $6.44M total remaining at Dec 31 split proportionally between Apr/Jun notes |
| 2025-07-31 | Issuance | $40.00M Full $40M authorized issued per 20-F; exact additional closing dates not disclosed |
| 2025-04-23 | Issuance | $12.00M $12M of $40M authorized |
- 2026-04-18 — $0
- 2025-12-31 — $3,390,000Note 13
- 2025-07-31 — $40,000,000Note 13
- 2025-04-23 — $12,000,000