debt
confidence high
sentiment positive
materiality 0.80
AGBA secures up to $500M equity line and $33.5M convertible note from Yorkville; amends SEPA
Triller Group Inc.
- Entered into Second A&R SEPA with Yorkville for up to $500M equity facility and $33.51M convertible note, bearing 5% interest, 12-month maturity.
- Issued warrant to Yorkville for 2,957,008 ordinary shares at $2.8331 exercise price, representing 25% of note principal.
- AGBA assumes Triller's rights and obligations under SEPA; merger with Triller nearing completion.
- Press release highlights AGBA ranked among Nasdaq's top 10 best-performing stocks for 2024 (through June 15).