ConvertibleExpired
12% Convertible Notes due 2024
URL-Oct24
1.50 CAD▲ 2.04%
BTC Holdings
10.59 BTC
Total Debt
C$0.00
Leverage
0.0%
mNAV
141.01x
Outstanding
C$0.00
Issue date
2021-10-28
Principal
C$3.90M
Coupon
12.00%
Maturity
2024-10-28
Conversion price
C$0.25
ITM Status
ITM (+500.0%)
Analytics
ITM History
Stock price vs conversion price (C$0.25)ITM +68.0%
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Secured
- Settlement
- Shares
- Rate type
- Fixed
- Forced conversion
- Company may force conversion of 50% of principal if stock >= C$0.50 for 20 consecutive trading days
- Call provision
- Prepayable at any time with penalty equal to one year of interest on the principal amount repaid
- Use of proceeds
- Refinancing existing loans
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-10-07 | Repayment | C$0.00 Repaid ahead of Oct 28 2024 maturity |
| 2021-10-28 | Issuance | C$3.90M |
- 2024-10-07 — C$0
- 2021-10-28 — C$3,900,000