secwatch.observer — SEC 8-K summary
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Issuer:     Abpro Holdings, Inc. (ABPO)
CIK:        0001893219
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001213900-25-035075
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Abpro amends conversion price definition in Yorkville convertible note to fix scrivener's error
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- Amendment corrects 'Conversion Price' to lower of $11.50 fixed or 94% of lowest daily VWAP over 5 consecutive trading days.
- Yorkville note originally issued Nov 13, 2024 for $3M; net proceeds $2.755M.
- All other terms of the November 2024 note remain unchanged.
- Effective April 20, 2025; executed by Abpro CEO Miles Suk and Yorkville.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1893219/000121390025035075/0001213900-25-035075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1893219/000121390025035075/ea0239169-8k_abpro.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-035075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer