---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-018524"
form_type: "8-K/A"
ticker: "ABVC"
cik: "0001173313"
company_name: "ABVC BIOPHARMA, INC."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:10:59.281410+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ABVC BioPharma amends convertible note with Lind: imposes $1 floor conversion price

## Summary
- Amendment to $1.2M secured convertible note sets conversion floor at $1.00, per Nasdaq requirements.
- If conversion price hits floor, company must make cash payment to Lind based on formula (A-B)*C.
- Lind also received a 5-year warrant to buy 1M shares at $2/share (unchanged from original).
- Note originally issued Nov 17, 2023 for $1M purchase price, $1.2M principal.
- Amendment waives any prior events of default under transaction documents.

## SEC filing metadata
- accession: 0001213900-24-018524
- form_type: 8-K/A
- ticker: ABVC
- cik: 0001173313
- company_name: ABVC BIOPHARMA, INC.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173313/000121390024018524/0001213900-24-018524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173313/000121390024018524/ea0200878-8ka1_abvcbio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-018524
- JSON: https://secwatch.observer/filing/0001213900-24-018524.json
- Plain text: https://secwatch.observer/filing/0001213900-24-018524.txt

## Key facts
- Material Agreements
  ABVC BIOPHARMA, INC. amended Amendment to Note with Lind Global Fund II, LP valued at Conversion price floor of $1.00; cash payment to Lind if floor price triggered (effective 2023-11-20).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Lind Global Fund II, LP
  - Value: Conversion price floor of $1.00; cash payment to Lind if floor price triggered
  - Effective: 2023-11-20
  source text: We are filing this amendment to disclose that due to Nasdaq requirements, the parties entered into an amendment to the Note, pursuant to which the conversion price shall have a floor price of $1.00 (the “Amendment”). Additionally, the Amendment requires the Company to make a cash payment to Lind if in connection with a conversion, the conversion price is deemed to be the floor price.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173313/000121390024018524/0001213900-24-018524-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.