ConvertibleExpired
0% Convertible Notes due 2025
HOLO-Aug25A
$1.70▲ 1.80%
BTC Holdings
0 BTC
Total Debt
$3.05M
Outstanding
$0.00
Issue date
2024-08-15
Principal
$30.00M
Coupon
0.00%
Maturity
2025-08-10
Conversion price
—
- Variable conversion at 70% of lowest 90-day closing price
- 8% OID
- $18M initially issued of $30M authorized
- Alternate conversion at 40% of lowest 90-day price with 360-day share lock-up
- Private placement (not registered)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Call provision
- Company may redeem in whole at 110% redemption premium at any time prior to maturity
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-12-31 | Conversion | $0.00 Fully converted; 20-F shows zero convertible bonds at Dec 31, 2024 |
| 2024-08-15 | Issuance | $18.00M $18M initial closing of $30M authorized |
- 2024-12-31 — $0Note 13 — Convertible bonds
- 2024-08-15 — $18,000,000