debt
confidence high
sentiment neutral
materiality 0.60
Adagio Medical Holder Converts $776,111 of 13% Notes Into 4,978,869 Shares
Adagio Medical Holdings, Inc.
- A holder converted $776,111 aggregate principal of Adagio Medical's 13% Senior Secured Convertible Notes between September 25 and October 1, 2026.
- The conversion issued 4,978,869 shares of Common Stock at Alternate Conversion Prices ranging from $0.1265 to $0.1618 per share.
- Adagio had lowered the Notes' Conversion Price from September 23 through October 31, 2026 to the Alternate Conversion Price in effect on each conversion date.
- Shares were issued under the Section 3(a)(9) exemption, with no commission or other remuneration paid for soliciting the exchange.
- The 8-K was signed by Deborah Kaster, Chief Financial Officer and Chief Business Officer, and dated October 1, 2026.