ConvertibleExpired
0% Convertible Notes due 2025
ONMD-Jun25
$1.05▲ 5.51%
BTC Holdings
6 BTC
Total Debt
$0.00
Leverage
0.0%
mNAV
113.33x
Outstanding
$0.00
Issue date
2024-06-18
Principal
$1.50M
Coupon
0.00%
Maturity
2025-06-18
Conversion price
$1.34
ITM Status
OTM (-21.7%)
- Variable conversion: lower of $1.3408 (fixed) or 90% of lowest daily VWAP (7 trading days prior), floor $0.28/share
- Connected to $25M SEPA with Yorkville Advisors
- $1,250K converted into 1,866,562 shares (Dec 2024-Jun 2025); remaining balance settled via debt restructuring
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-31 | Conversion | $0.00 $1,250K converted via 5 tranches (Dec 2024-Jun 2025) into 1,866,562 shares |
| 2024-06-18 | Issuance | $1.50M |
- 2025-12-31 — $0Note 10 — Debt
- 2024-06-18 — $1,500,000Item 1.01