debt
confidence high
sentiment neutral
materiality 0.40
MultiSensor AI amends conversion price on $430K notes, converts to 87,411 shares
MultiSensor AI Holdings, Inc.
- Amended conversion price on $430K notes to $5.00/share (principal) and $10.00/share (interest) effective April 30, 2024.
- Holders elected to convert the amended notes, resulting in issuance of 87,411 shares of common stock.
- After conversion, only $250,000 of original $6.805M notes remain outstanding.