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NCTY
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NCTY-Feb26
Convertible
Expired
6% Convertible Notes due 2026
NCTY-Feb26
The9 Limited
NCTY
🇰🇾
Treasury-first
$4.95
▲ 1.43%
BTC Holdings
347 BTC
Total Debt
$33.40M
Leverage
127.8%
mNAV
3.41x
Outstanding
$0.00
Issue date
2025-02-01
Principal
$3.30M
Coupon
6.00%
Maturity
2026-02-01
Conversion price
—
OID of $300,000 ($2,995,000 net proceeds)
Convertible after 6 months from purchase date
Issued to Streeterville Capital LLC
Terms & Documentation
Terms
BTC strategy
No
Payment frequency
None (zero coupon)
Rate type
Fixed
Outstanding History
Outstanding history
(2)
As of
Event
Outstanding
2026-02-01
Maturity
$0.00
Auto-zeroed at maturity
2025-02-01
Issuance
$3.30M
2026-02-01
— $0
2025-02-01
— $3,300,000
Note 34 — Subsequent Events