ConvertibleActive
0% Convertible Notes due 2026
HOLO-Apr26
BTC Holdings
0 BTC
Total Debt
$6.44M
Outstanding
$3.39M
Issue date
2025-04-23
Principal
$40.00M
Coupon
0.00%
Maturity
2026-04-18
Conversion price
$1.46
- 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
Sources(1)
- Convertible Notes Issuanc…FilingConvertible Notes Issuance ($40M authorized)MicroCloud Hologram Inc. — 2025-04-23
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-31 | Conversion | $3.39M $6.44M total remaining at Dec 31 split proportionally between Apr/Jun notes | Form 20-F (FY2025) |
| 2025-07-31 | Issuance | $40.00M Full $40M authorized issued per 20-F; exact additional closing dates not disclosed | Form 20-F (FY2025) |
| 2025-04-23 | Issuance | $12.00M $12M of $40M authorized | Convertible Notes Issuanc… |
- 2025-12-31 — $3,390,000Note 13 — filing — MicroCloud Hologram Inc.Source
- 2025-07-31 — $40,000,000Note 13 — filing — MicroCloud Hologram Inc.Source
- 2025-04-23 — $12,000,000filing — MicroCloud Hologram Inc.Source