ConvertibleActive
0% Convertible Notes due 2026
HOLO-Jun26
BTC Holdings
0 BTC
Total Debt
$6.44M
Outstanding
$3.05M
Issue date
2025-06-05
Principal
$36.00M
Coupon
0.00%
Maturity
2026-05-31
Conversion price
$1.46
- Variable conversion at 70% of lowest 60-day closing price
- 8% OID
- $12M initially issued of $36M 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 ($36M authorized)MicroCloud Hologram Inc. — 2025-06-05
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-31 | Conversion | $3.05M $6.44M total remaining at Dec 31 split proportionally between Apr/Jun notes | Form 20-F (FY2025) |
| 2025-09-30 | Issuance | $36.00M Full $36M authorized issued per 20-F; exact additional closing dates not disclosed | Form 20-F (FY2025) |
| 2025-06-05 | Issuance | $12.00M $12M of $36M authorized | Convertible Notes Issuanc… |
- 2025-12-31 — $3,050,000Note 13 — filing — MicroCloud Hologram Inc.Source
- 2025-09-30 — $36,000,000Note 13 — filing — MicroCloud Hologram Inc.Source
- 2025-06-05 — $12,000,000filing — MicroCloud Hologram Inc.Source